In the first quarter of 2009, the United States trade deficit fell to its lowest level in
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Question:
In the first quarter of 2009, the United States trade deficit fell to its lowest level in a decade. This means that:
a. the US exported more to foreign countries than it imported from the rest of the world
b. foreign countries exported more to the US than they imported from the rest of the world
c. the US imported more from the rest of the world than it exported to the rest of the world
d. Foreign countries imported more from the US than they exported to the US
Please choose only one.
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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