Which of the following is correct? A. U.S. exports as a percentage of GDP have i

Question

Which of the following is correct?

A. U.S. exports as a percentage of GDP have increased, but have not nearly doubled over the last 50 years. The U.S. currently has a trade surplus.

B. U.S. exports as a percentage of GDP have about doubled over the last 50 years. The U.S. currently has a trade surplus.

C. U.S. exports as a percentage of GDP have increased, but have not nearly doubled over the last 50 years. The U.S. currently has a trade deficit.

D. U.S. exports as a percentage of GDP have about doubled over the last 50 years. The U.S. currently has a trade deficit.

Explanation / Answer

D

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