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(Why has the U.S. trade deficit grown so rapidly since the end of World War II?

OA. The United States has been forced to lend huge sums of money to
poor countries.
OB. Trade organizations like OPEC have boycotted most American
manufactured goods.
C. American manufacturing has declined because of the availability
of cheap foreign products.
D. International environmental regulations have cut into U.S.
corporations' profits.

1 Answer

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Final answer:

The U.S. trade deficit has grown rapidly since the end of World War II primarily due to the decline of American manufacturing.


Step-by-step explanation:

The correct answer to this question is option C. The U.S. trade deficit has grown rapidly since the end of World War II mainly because American manufacturing has declined due to the availability of cheap foreign products. The globalization of trade has allowed countries with lower production costs to export goods to the United States at lower prices, leading to increased imports and a trade deficit.


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