If U.S.exports are $150 billion and U.S.imports are $100 billion,which of the following is correct?
A)The U.S.has a trade surplus of $100 billion.
B)The U.S.has a trade surplus of $50 billion.
C)The U.S.has a trade deficit of $100 billion.
D)The U.S.has a trade deficit of $50 billion.

Question

Quizplus · Accepted Answer

The trade surplus is calculated by subtracting imports from exports. $150 billion - $100 billion = $50 billion. Therefore, the U.S. has a trade surplus of $50 billion.

If USExports Are $150 Billion and U