In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the importsexceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the longterm?A. Increased foreign investmentB. Stronger domestic currencyC. Decreased trade protectionismD. Accumulation of foreign debt

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the imports
exceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the long
term?
A. Increased foreign investment
B. Stronger domestic currency
C. Decreased trade protectionism
D. Accumulation of foreign debt

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