Question

In 2007, the United States imported about 1.5 times more goods than it exported. T/F

Answer 1

In 2007, the United States imported about 1.5 times more goods than it exported.

Step-by-step explanation:

The statement that in 2007 the United States imported about 1.5 times more goods than it exported is true. The United States has been experiencing trade deficits for several decades, with imports usually exceeding exports. For example, in 2016, U.S. imports exceeded exports by $502 billion. These trade deficits have had significant effects on the U.S. economy and industries.