if the united states exports $100 million of goods and imports $150 million, what does the united states…

if the united states exports $100 million of goods and imports $150 million, what does the united states have?\n\na budget deficit\na trade deficit\na trade embargo\na trade surplus

if the united states exports $100 million of goods and imports $150 million, what does the united states have?\n\na budget deficit\na trade deficit\na trade embargo\na trade surplus

Answer

Brief Explanations:

Trade balance is calculated by exports minus imports. Here, exports ($100 million) are less than imports ($150 million). A trade deficit occurs when imports exceed exports. A budget deficit is about government revenues and expenditures, a trade embargo is a restriction on trade, and a trade surplus is when exports exceed imports.

Answer:

B. a trade deficit