The answer is: United States would have a deficit of $11 billion in the given year.
A trade surplus occurs when a country exports more than it imports. On the other hand, a deficit is when a country imports more products than it exports.
In the above example, the United States is exporting only $5 billion of goods but importing $16 billion of products. This means that the total trade deficit in the example is 16-5 = $11 billion.
This actually represents the current situation of the United States where it has a significant trade deficit with many major economies in the world, most noticeably with China.
Answer:
In deference to the growing nationalism and at the suggestion of the High Commissioner, Lord Allenby, the UK unilaterally declared Egyptian independence on 28 February 1922, abolishing the protectorate and establishing an independent Kingdom of Egypt.
Explanation:
The Nazis confiscated the money and possession of the people it conquered, and it also confiscated the possessions of its own Jewish citizens : this contributed greatly to their wealth.
Before the war they motivated the whole country to work for the country: so people worked a lot rather than focused on their private life - this means that the unemployment was low but also the cost of work was not too high. They also invested a lot into the infrastructure with borrowed money (budget deficit).
Hello,
The Berlin wall was made to prevent the people from East Germany from arriving in Berlin.
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The correct answer among all the other choices is C. Advancements in travel and communication allowed this change. This is the statement that does not describe the 20th Amendment. Thank you for posting you question. I hope this answer helped you. Let me know if you need more help.
