Since 1950, the balance of trade for United States has
A) gone from a surplus to a deficit.
B) gone from a deficit to a surplus.
C) remained constant.
D) gone from a small deficit to a larger deficit.
Answer: A
Economics
You might also like to view...
Would the housing industry be characterized as an increasing, decreasing or a constant-cost industry? Explain your position
What will be an ideal response?
Economics
The percentage change in the quantity demanded in response to a percentage change in the price is known as the
A) slope of the demand curve. B) excess demand. C) price elasticity of demand. D) All of the above.
Economics