u.s. trade deficit Question 1 In the first quarter of 2009, the United States tr

Question

u.s. trade deficit

Question 1 In the first quarter of 2009, the United States trade deficit fell to its lowest level in a decade. This means that O foreign countries imported more from the United States than they exported to the United States. o the United States exported more to foreign countries than it imported from the rest of the world. o the United States imported more from the rest of the world than it exported to the rest of the world. 0 foreign countries exported more to the United States than they imported from the rest of the world.

Explanation / Answer

Deficit imply that exports are dominated by Imports.

First option is correct.

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