Question: Which statement is correct? Select the best answer. Answer 2 Points Keyp Keyboard Short In recent years, the U.S. has exported more goods and services

Which statement is correct? Select the best answer. Answer 2 Points Keyp Keyboard Short In recent years, the U.S. has exported more goods and services as a percentage of GDP than the majority of nations in the world. From the 1960s to the 1970s, the U.S. economy usually ran trade surpluses. Historically, the merchandise trade balance has been significantly higher than the current account balance in the United States. < Prev

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!