Which of the following statements is false? A. The U.S.economy has a trade deficit. B. The U.S.trade
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Question:
- Which of the following statements is false?
- A.
- The U.S. economy has a trade deficit.
- B.
- The U.S. trade deficit emerged during the Trump’s presidency.
- C.
- The size of the U.S. exports and imports relative to GDP has been going up since the 1970s.
- D.
- One of the benefits of globalization is that it allows poor countries to catch up with rich countries.
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Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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