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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

-$37 billion

$3 billion

$37 billion