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In a few sentences, summarize your conclusions from the data analyzed on U.S. imports and exports over the last five years. Explain how the data reflect the economic principles you have learned.

In a few sentences, summarize your conclusions from the data analyzed on U.S. imports and exports over the last five years. Explain how the data reflect the economic principles you have learned.

Economics:
Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 5E
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In a few sentences, summarize your conclusions from the data analyzed on U.S. imports and exports over the last five years. Explain how the data reflect the economic principles you have learned. Edit View Insert Format Tools Table 12pt ✓ Paragraph B IU Αν T² :
Transcribed Image Text:In a few sentences, summarize your conclusions from the data analyzed on U.S. imports and exports over the last five years. Explain how the data reflect the economic principles you have learned. Edit View Insert Format Tools Table 12pt ✓ Paragraph B IU Αν T² :
bea Data ▾ Tools ▾ News ▾ Research ▾ February 2023 January 2023 U.S. International Trade in Goods and Services, February 2023 Resources Current Release: April 5, 2023 About - Current Release The U.S. monthly international trade deficit increased in February 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.7 billion in January (revised) to $70.5 billion in February, as exports decreased more than imports. The goods deficit increased $2.7 billion in February to $93.0 billion. The services surplus increased $0.8 billion in February to $22.4 billion. -$70.5 B -$68.7 B Next release: May 4, 2023 Help ▾ Billion $ 115 105 95 85 75 65 55 0 Feb 2021 Goods and Services Trade Deficit Seasonally adjusted Monthly deficit U.S. Bureau of Economic Analysis U.S. Census Bureau Search Feb 2022 Three-month moving average Feb 2023 U.S. International Trade in Goods and Services April 5, 2023 C
Transcribed Image Text:bea Data ▾ Tools ▾ News ▾ Research ▾ February 2023 January 2023 U.S. International Trade in Goods and Services, February 2023 Resources Current Release: April 5, 2023 About - Current Release The U.S. monthly international trade deficit increased in February 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.7 billion in January (revised) to $70.5 billion in February, as exports decreased more than imports. The goods deficit increased $2.7 billion in February to $93.0 billion. The services surplus increased $0.8 billion in February to $22.4 billion. -$70.5 B -$68.7 B Next release: May 4, 2023 Help ▾ Billion $ 115 105 95 85 75 65 55 0 Feb 2021 Goods and Services Trade Deficit Seasonally adjusted Monthly deficit U.S. Bureau of Economic Analysis U.S. Census Bureau Search Feb 2022 Three-month moving average Feb 2023 U.S. International Trade in Goods and Services April 5, 2023 C
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