Question

Question 50 of 50

The U.S. has not experienced a trade deficit since 1976.
True
O False

Answer 1

The U.S. has experienced trade deficits since 1976.

Step-by-step explanation:

The statement that the U.S. has not experienced a trade deficit since 1976 is false. A trade deficit occurs when the value of a country's imports exceeds the value of its exports. The U.S. has indeed experienced trade deficits in various years since 1976.

Learn more about Trade deficits in the U.S.