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46 Consider the FRED graph you created of U.S. imports and exports with the rest of the world. Overall, which of the following best explains

46 Consider the FRED graph you created of U.S. imports and exports with the rest of the world. Overall, which of the following best explains what you discovered? The U.S. runs a trade surplus in services and in goods The U.S. runs a trade deficit in services and a trade surplus in goods The U.S. runs a trade surplus in services and a trade deficit in goods The U.S. runs a trade deficit in services and in goods Question 47 Consider the FRED graph you created of U.S. imports and exports with the rest of the world. Overall, which of the following best explains what has happened historically to U.S. trade? Both goods and services have seen an increasing trade surplus There has been an increasing trade surplus of services but a much bigger trade deficit in goods Both goods and services have seen an increasing trade deficit There has been an increasing trade deficit of services but a much bigger trade surplus in goods 1 pts 1 pts Question 48 1 pts Consider the FRED graph you created depicting U.S. state-level international trade. Which U.S. states have the largest volume of exports to China in the most recent full year of data available? In other words, which states are more at risk to the Covid-19 decrease of exports to China (or any other causes of decrease in economic activity in China)? California and Texas California and Maine California and Colorado. California and Washingtonimage text in transcribed

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