Question

The United States typically has a balance-of-trade surplus in its trade with ____. a. China AND Japan b. None of these are correct. c. Japan d. China

Answer 1

Answer:

b. None of these are correct.

Explanation:

Despite President Donald Trump's trade wars with different countries to stabilize the balance ifctrade of the United States of America, America remains in Trade deficits with most countries. In 2018, the United States of America suffered trade deficits amounting to $621 billion dollars, having been the country with the largest trade deficits in the world since 1975. America currently has the largest trade deficits with China and Japan.