If U.S. buyers purchased $500 billion of foreign goods and foreign buyers purchased $400 billion of U.S. goods, the U.S.
Posted: Thu May 05, 2022 6:21 am
If U.S. buyers purchased $500 billion of foreign goods and
foreign buyers purchased $400 billion of U.S. goods, the U.S.
balance of trade would be:
a.
$100 billion.
b.
$400 billion.
c.
−$100 billion.
d.
-$500 billion.
foreign buyers purchased $400 billion of U.S. goods, the U.S.
balance of trade would be:
a.
$100 billion.
b.
$400 billion.
c.
−$100 billion.
d.
-$500 billion.