Suppose the United States is trading with a new country, Muffinville. The amount of imported and exported goods and services from the United States to Muffinville is shown below.
Exports to Muffinville Imports from Muffinville
Goods $45 billion $82 billion
Services $68 billion $28 billion
What is the trade balance between the United States and Muffinville?
-$37 billion
$3 billion
$37 billion