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17. Of the following, our imports of contribute most to our trade deficit. (LO6) a) oil c) textiles b) clothing d) consumer electronics 18. Which
17. Of the following, our imports of contribute most to our trade deficit. (LO6) a) oil c) textiles b) clothing d) consumer electronics 18. Which of the following would best describe our trading relationship with China five years from now? (LO7) a) Our trade deficit will be higher and we will be importing a higher proportion of "low-skill" products. b) Our trade deficit will be higher and we will be importing a higher proportion of "high-skill" products. c) Our trade deficit will be lower and we will be importing a higher proportion of "low-skill" products. d) Our trade deficit will be lower and we will be importing a higher proportion of "high-skill" products
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