dasiahsimmons4932 dasiahsimmons4932
  • 03-07-2021
  • Business
contestada

Over the last several years, the United States has run a ________ in the goods trade balance and a ________ in the services trade balance.

Respuesta :

ewomazinoade ewomazinoade
  • 07-07-2021

Answer:

deficit

surplus

Explanation:

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.

export would comprise of goods and services produced in the US that are been sold to foreign countries

Import would comprise of foreign produced goods and services that are been sold in the US

In 2020, trade deficit was $678.7 billion in 2020

Answer Link

Otras preguntas

triple the sum of 45 and 55
Which word is the interjection in this sentence? Wow, I thought I had washed all the dishes in the kitchen. a. in b. all c. Wow d. thought
What is the opposite of 1/3 and of -7/12
Which philosopher wrote that the purpose of government is to secure citizens' lives and property? A. John Locke B. Charles de Montesquieu C. Justinian D. Thoma
To enforce the Proclamation of 1763, Parliament passed what act/law?
]Astrology is a pseudoscience because
What is 122.5 divided by 49
A limerick has four lines. True False
Why did ancient Egyptians call Their land kemet "the black land"
Several types of ________ are used to produce yogurt. A. molds B. yeasts C. protozoa D. Bacteria