Which of the following would be cures for the U.S.trade deficit?
A)Americans saving less and spending more
B)a severe recession in Europe and Asia
C)a severe recession in the United States
D)a tax cut
E)All of the above are correct.

Question

Which of the following would be cures for the U.S.trade deficit?
A)Americans saving less and spending more 
B)a severe recession in Europe and Asia 
C)a severe recession in the United States 
D)a tax cut 
E)All of the above are correct.

Quizplus · Accepted Answer

A severe recession in the United States would reduce imports due to decreased consumer spending, potentially reducing the trade deficit.

Which of the Following Would Be Cures for the U