When U.S. merchandise exports are greater than imports, the United States is running a
A)trade deficit.
B)trade surplus.
C)trade balance.
D)capital account surplus.

Question

Quizplus · Accepted Answer

If U.S. merchandise exports are greater than imports, it means that the United States is selling more goods to other countries than it is buying from them. This results in a trade surplus, which is the opposite of a trade deficit. A trade surplus occurs when a country exports more than it imports.

When US Merchandise Exports Are Greater Than Imports, the United States