A main reason why the U.S. trade deficit grew so large from 1997 to 2000 was that

A. Congress removed all tariffs and trade restrictions on imports.
B. NAFTA was introduced and Mexican exports flooded the United States.
C. the international value of the dollar fell during the 1990s, which encouraged U.S. exports.
D. the international value of the dollar rose in the last half of the 1990s, which encouraged U.S. imports and damaged U.S. exports.


Answer: D

Economics

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