M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 40

The U.S. has a trade deficit because

A. American companies sell more goods to other countries than foreign companies sell here.

B. China stopped exporting goods to the United States.

C. America imports more products than it exports.

D. American consumers stopped buying Chinese goods and services.

E. American consumers buy far more domestic goods and services than foreign goods and services.