It is well known that the United States regularly runs a deficit in merchandise trade.In which of the following categories does the United States regularly run a surplus?
A)Services.
B)Automobiles.
C)China.
D)Fashion footwear.
E)Machine tools (such as a drill press).

Question

Quizplus · Accepted Answer

The United States regularly runs a surplus in services, including financial services, intellectual property (such as royalties and license fees), and travel services, among others. This contrasts with its merchandise trade, where it often runs a deficit.

It Is Well Known That the United States Regularly Runs