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U.S. Trade with China, 2014-2018 (in millions of U.S. dollars) Year Total Exports Total Trade Imports Balance 2014 123,657.2 468,474.9 334,817.7 2015 115,873.4 483,201.7 -367,328.3

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U.S. Trade with China, 2014-2018 (in millions of U.S. dollars) Year Total Exports Total Trade Imports Balance 2014 123,657.2 468,474.9 334,817.7 2015 115,873.4 483,201.7 -367,328.3 2016 115,594.8 462,420.0 -346,825.2 2017 129,797.6 505,220.2 -375,422.6 2018 120,148.1 539,675.6 -419,527.4 Source: U.S. Census Bureau Based on the chart, what is a result of the United States importing more than it exports to China? E.4.1 O The United States has a trade deficit with China. O The United States has an absolute advantage over China. O The United States has a comparative advantage over China. O The United States has a positive balance of trade with China

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