Question table shows select us trading partners for 2015.

question to the chart, with which countries did the us have a trade surplus in 2015? check all that apply.
question to the table, with which countries did the us have a trade deficit in 2015? check all that apply.


japan

australia

brazil

germany

russia

1- According to the chart, in 2015 the United States had a trade surplus with Australia and Brazil.

2- According to the table, in 2015 the United States had a trade deficit with Japan, Germany and Russia.

Explanation:

The trade balance is a record of imports and exports of a country in a certain period.

Imports are the purchases that citizens, companies or the government of a country make of goods and services produced by other countries and that are taken to the buyer country, therefore, foreign products or customs are introduced in a country.

Exports are the goods or services that are produced in a country, which are sold and sent to customers in other countries. In other words, the export is the traffic of goods and services of a country in order to be used or consumed in another country.

The balance of the trade balance is the difference of the total of exports and the total of the imports that are handled in the country.

The trade balance can be expressed in two ways:

-Positive: When you export more quantity of goods and services than those that are imported, which is called trade surplus.

-Negative: When the value of exports is less than that of imports, trade deficit.

As in Australia and Brazil the amount that US exported was higher than the amount that US imported, there was a trade surplus.

On the other hand, with Japan, Germany and Russia, the amount that US exported was lower than the amount that US imported, so in those cases there was a trade deficit.

The U.S had a trade surplus with Brazil and deficit with Japan, Australia, Germany and Russia

Explanation:

Trade surplus means the amount by which the value of a country's exports exceeds the cost of its imports.

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explanation:

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