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14-03-2024
Business

contestada

The U.S. trade deficit with China was $382.9 billion in 2022. The trade deficit exists because U.S. exports to China were only $153.8 billion, whereas imports from China were $536.8 billion. This situation could potentially lead to several problems, including a high unemployment rate. Which of the following methods is NOT suitable for addressing and mitigating the US trade deficit issue?
a) Lobby US trading partners to import more from US.
b) Promote US citizens to buy domestic products.
c) Join GATT to lower US entry barriers.
d) Depreciate the value of US currency.

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