Economics MCQ Economics Chapter 8 Statement I: Since the late 1990s, our negative balance of trade has become much larger. Statement II: the United States has the worlds largest negative balance of trade.

Statement I: Since the late 1990s, our negative balance of trade has become much larger. Statement II: the United States has the worlds largest negative balance of trade.

Naim 23:59 Economics Chapter 8

Statement I: Since the late 1990s, our negative balance of trade has become much larger.
Statement II: the United States has the worlds largest negative balance of trade.

a. Statement I is true, and statement II is false
b. statement II is true, and statement I is false
c. both statements are true
d. both statements are false

Answer: C

Economics MCQ

Statement I: Since the late 1990s, our negative balance of trade has become much larger. Statement II: the United States has the worlds largest negative balance of trade.

Statement I: Since the late 1990s, our negative balance of trade has become much larger.Statement II: the United States has the worlds largest negative balance of trade.

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Statement I: Since the late 1990s, our negative balance of trade has become much larger.
Statement II: the United States has the worlds largest negative balance of trade.