20 the united states, one of the worlds largest exporting nations, has bought more goods from other nations…

20 the united states, one of the worlds largest exporting nations, has bought more goods from other nations than it has sold since 1975. this is known as multiple choice dumping. a trade surplus. a trade deficit. a favorable balance of payments.

20 the united states, one of the worlds largest exporting nations, has bought more goods from other nations than it has sold since 1975. this is known as multiple choice dumping. a trade surplus. a trade deficit. a favorable balance of payments.

Answer

Brief Explanations:

Dumping is selling goods at a lower - than - normal price in a foreign market. A trade surplus occurs when a country sells more goods abroad than it buys. A favorable balance of payments is a positive overall balance in international transactions. When a country buys more goods from other nations than it sells, it has a trade deficit.

Answer:

C. a trade deficit