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Which factors contributed to the U.S. trade deficit in 2020-2021? Multiple select question. American customers had extra cash to spend as the result of U.S.
Which factors contributed to the U.S. trade deficit in 2020-2021? Multiple select question. American customers had extra cash to spend as the result of U.S. stimulus payments. The U.S. economy had a strong rebound in growth following the 2020 recession. Many foreign customers cut back on their purchases of U.S. exports in 2020 and 2021. U.S trading partners experienced a faster recovery from the COVID-19 recession than the United States did
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