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An article in the Wall Street Journal stated that, The trade outlook in the U.S. has improved slightly overall this year. One big factor behind
An article in the Wall Street Journal stated that, "The trade outlook in the U.S. has improved slightly overall this year. One big factor behind the smaller gap: Stronger growth in Asia and Europe." Source: Josh Mitchell, "U.S. Trade Gap Shrinks as Exports Rise," Wall Street Journal, April 4, 2017. How would stronger growth in Asia and Europe lead to a smaller trade gap? A. Fewer U.S. goods would be demanded in the United States. B. More goods would be produced in Asia and Europe. C. More U.S. exports would be demanded in Asia and Europe. D. More goods would be imported into the United States from Asia and Europe
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