Trade surplus and trade deficit

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Reference no: EM13984138

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.

Reference no: EM13984138

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