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4 votes
Which statement best describes the trade relationship between the US and China?

The US has a trade surplus with China.
The US has a trade deficit with China.
The US has greater purchasing power parity (PPP) than China.
The China has greater purchasing power parity (PPP) than the US.

2 Answers

4 votes
I believe the correct answer is B - the US has a trade deficit with China
User Memon Irshad
by
7.7k points
6 votes

Answer:

The Correct Answer is

The US has a trade deficit with China.

Step-by-step explanation:

  • The restriction on the trade by the United States on China also known as Trade war between China and the United States.
  • China is manipulating its currency according to trump's administration they claimed that in the year 2018 deficit with China was estimated at around 500 billion dollars.
  • China has many more trade barriers that are too high on Imports or restrictions on foreign investment.

User Lexis Hanson
by
8.6k points
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