Part $1(0\mathrm{.}3$ point$)$

According $to$ the article, which three countries are the top three trading partners $of$ the United States? Sort them from first $to$ third.

Items $(6$ items$)(Drag$ and drop into the appropriate area below$)$

Germany

China

Categories

Part $2(0\mathrm{.}3$ point$)$

According $to$ the article, which good was the main contributor $to$ the narrowing $of$ the trade deficit $in2019?$

Choose one:

$A.$ automobiles

$B.$ civilian aircraft

$C.$ consumer goods

$D.$ oil

Part $3(0\mathrm{.}3$ point$)$

Tariffs imposed $on$ Chinese imports are paid $to$ the $U.S.$ Treasury $by$ the $U.S.$ companies importing the goods. According $to$ the article,

other than a decrease $in$ profits, how will these $U.S.$ companies minimize their losses that are due $to$ the tariffs?

Choose one $or$ more:

$A.$ pressure the $U.S.$ government $to$ remove the tariffs

$B.$ adjust their supply chains

$C.$ shut down $to$ avoid losses

$D.$ increase prices $to$ consumers

Part $4(0\mathrm{.}3$ point$)$

The graph below shows $an$ aggregate demand$-$supply model for the United States. Assume that before the reduction $in$ the trade deficit,

real $GDPis$ below full employment output. Drag the appropriate curve $to$ illustrate the effect $in$ the short run $of$ the reduction $in$ the

trade deficit.$AD-AS$