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Category > Economics Posted 12 Jul 2017 My Price 4.00

International Trade

I'm not really sure how to use the data. it really doesn't make much sense to me.

 

my intructor provided this link: http://www.commerce.gov/news/blog/2015/07/new-top-markets-series-provides-data-and-analysis-help-us-exporters-compare

 

I need help writing this assignment.

 

Topic: International Trade

 

Question/Prompt: “In 2014, “the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is more, exports are an increasingly important aspect of the U.S. economy.” (New top markets series provides data, 2015)

 

In your thread, complete the following:

  1. Discuss economic theory related to the quote above. Be sure to include a definition of exports and the way in which exports are counted in the measurement of Gross Domestic Product (GDP) within your discussion.
  2. Locate and incorporate outside research that gives evidence and explanation as to the possible causes of this growth in exports. Provide an example of 1 particular industry or country with which export quantity has increased.

Answers

SuperTutor
(15)
Status NEW Posted 12 Jul 2017 04:07 AM My Price 4.00

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file 1499832642-Solutions file.docx preview (51 words )
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