Asked by
Malik Hidouk
on Oct 12, 2024Verified
Our fastest growing trade imbalance is with
A) ChinA.
B) Japan.
C) Canada.
D) Mexico.
E) Germany.
Trade Imbalance
A situation where the value of a country's imports significantly exceeds or is less than the value of its exports.
Growing Trade
An increase in the exchange of goods and services between countries, contributing to economic development and globalization.
Fastest Growing
A term often used to describe entities or economies that increase in size, value, or importance at a very rapid pace.
- Understand the dynamics of the trade imbalance between the US and its significant trading partners.
Verified Answer
MS
Learning Objectives
- Understand the dynamics of the trade imbalance between the US and its significant trading partners.