Regarding the position of the United States in world trade, it can be said that
A. in recent years, the United States had trade surpluses more than deficits.
B. the United States has the most favorable balance of trade in the world.
C. the United States has never had a trade surplus.
D. the United States is a larger market than the European Union and the Pacific Rim combined.
E. None of these answers is correct.
Answer: E
You might also like to view...
The New Deal was innovative primarily because of which of the following?
A. it opened free trade with North American neighbors B. its size and scope C. its reliance on the gold standard D. its restructuring of some state geographical boundaries
Which of the following makes up the highest percentage of the federal government's revenues as of 2018?
A. Individual income tax and taxes that are collected along with it B. Corporate income tax C. Income from the Social Security and Medicare trust funds D. Funds obtained through borrowing E. Sales tax and property tax
Why did the framers of the U.S. Constitution through the First Amendment work to ensure that the press would be an independent provider of information?
a. A free press is essential to making a representative democracy work by informing the public. b. Prior to the First Amendment, news was provided by the monarchy and was heavily biased. c. A free press is essential to allowing a population to actively participate in politics. d. Without a free press, a population becomes apathetic and prone to rebellion.
The "Sanctuary Cities" bill was opposed in the Republican Party by
a. conservatives. b. evangelicals. c. true believers. d. the Tea Party. e. business-oriented moderates.