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Fill the table below: Assume China's exports are $150billion and imports are $100billion. Assume the US exports are $1.5trillion and imports are $2.2trillion. What is

Fill the table below: Assume China's exports are $150billion and imports are $100billion. Assume the US exports are $1.5trillion and imports are $2.2trillion.

What is China's trade balance?

Is China running a trade deficit or surplus?

What is the US trade balance?

Is the USA running a trade deficit or surplus?

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