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FSOT Test FSOT Mathematics and Statistics Questions and Answers

An economic officer is analyzing the following data on trade between the U.S. and Country X:
- 2021: U.S.

Exports $50 billion; U.S.

Imports $85 billion

- 2022: U.S.

Exports $65 billion; U.S.

Imports $90 billion

- 2023: U.S.

Exports $60 billion; U.S.

Imports $105 billion

- 2024: U.S.

Exports $75 billion; U.S.

Imports $115 billion

In which year was the U.S. trade deficit with Country X the largest?

Select your answer