Which of the following is true regarding trade patterns of the United States? Over the past two decades U.S. exports have exceeded U.S. imports O Over the past two decades U.S. imports have exceeded U.S. exports Over the past two decades the United States has enjoyed a balance of trade O Over the past two decades the United States has played a lesser role in international trade D Question 2 If the dollar value of U.S. imports exceeds the dollar value of U.S. exports The United States is suffering a trade deficit The United States is enjoying a trade surplus Allocation efficiency is guaranteed The United States has a balance of trade