With europe still recovering from the great war during the 1920s, american corporations invested massive amounts of money into overseas interests. identify the statements that describe american international trade during this time.

Question: With europe still recovering from the great war during the 1920s, american corporations invested massive amounts of money into overseas interests. identify the statements that describe american international trade during this time.

The following statements describe American international trade during the 1920s:

• The United States became a creditor nation, lending money to other countries.
• American exports exceeded imports, resulting in a trade surplus.
• American corporations invested heavily in Europe, Canada, and Latin America.
• The United States became a major exporter of manufactured goods, such as automobiles, machinery, and chemicals.
• The United States imported raw materials, such as oil, rubber, and coffee.

American international trade flourished during the 1920s due to a number of factors, including:

• The economic recovery of Europe following the First World War.
• The growth of American corporations and their desire to expand into new markets.
• The availability of American capital to lend to other countries.
• The relatively low tariffs imposed by the United States on imported goods.

The following statements are NOT accurate descriptions of American international trade during the 1920s:

• The United States imposed high tariffs on imported goods.
• The United States had a trade deficit.
• American corporations invested heavily in Asia and Africa.
• The United States was a major exporter of agricultural products.

While the United States did export some agricultural products in the 1920s, it was primarily a net importer of agricultural goods. Additionally, American corporations did not invest heavily in Asia and Africa during the 1920s.

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