Question 29 (1 point) IF U.S. exports are $350 billion and U.S. imports total $300 billion,...

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Answer 1

Answer #1

Answer:

Here Export > Import

So it is a trade Surplus

The U.S. has a trade Surplus of $50 billion.

Trade Surplus = export - import

= 350-300

= 50 billion

The trade Surplus is $50 billion

Correct option: C] The U.S. has a trade surplus of $50 billion.

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Answer 2

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Add Answer to: Question 29 (1 point) IF U.S. exports are $350 billion and U.S. imports total $300 billion,...

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Question 29 (1 point) IF U.S. exports are $350 billion and U.S. imports total $300 billion,...