Question

This table shows select US trading partners for 2015.

A table. Column 1 labeled U S Trade partner: Japan, Australia, Brazil, Germany, Russia. Column 2 labeled Amount U S Exported to Trade partner (million dollar): 62.4, 25.03, 31.6, 49.9, 7.08. Column 3 labeled amount U S imported from trade partner (million dollar): 131.1, 10.8, 27.4, 124.1, 16.5.

According to the chart, with which countries did the US have a trade surplus in 2015? Check all that apply.

A. Japan
B. Australia
C. Brazil
D. Germany
E. Russia

Answer 1

According to the table, the US had a trade surplus with the following countries in 2015:

A. Japan (62.4 - 131.1 = -68.7)

C. Brazil (31.6 - 27.4 = 4.2)

The US had a trade deficit with the following countries in 2015:

B. Australia (25.03 - 10.8 = 14.23)

D. Germany (49.9 - 124.1 = -74.2)

E. Russia (7.08 - 16.5 = -9.42)