Question

The U.S. Is known for its strong consumer spending but also a trade deficit. This means that the country _____.

Answer 1

The US Imports much more than it exports.

Step-by-step explanation:

We are in debt due to an excessive amount of over seas purchasing, and not enough industry within our own soil. Companies move to foreign countries because manufacturing is cheaper, due to their being no US Tax. Foreign tax is incomparably insignificant. Thus trades create imbalance and financial danger to our Economy.

Answer 2

The U.S. imports more than it exports in part to supply the strong consumer demand.