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:
<em>He knowledge of a person's clan is important. ... In the times of the Peace Chief and War Chief government, the Peace Chief would come from this clan. Prisoners of war, orphans of other tribes and others with no Cherokee tribe were often adopted into this clan, thus the name Strangers.</em>
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<em>I hope this helps :) </em>
I assume it's closest to Syria
European civilization experienced a period of unprecedented rapid expansion around the globe during the last third of the nineteenth century. European nation-states had become very powerful because of industrialization and because of the organizational efficiency of the nation-state.
European global expansion had actually begun in the fifteenth century, but the process greatly accelerated in the nineteenth century.
Latin America and the seaports of Asia and Africa were the first to be colonized by Europeans. Native Americans were liquidated or thoroughly subjugated to European rule.
Most Latin American descendents (Latinos) of the Spanish conquerors gained independence from Spain by the early 19th century, while many indigenous peoples remained subject.
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