Answer the following questions using the BEA Tables for US International Trade in Goods and ServicesLinks to an external site..  https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services   Scroll down to the "U.S. Trade in Goods and Services, 1960-present" and download those spreadsheets.  Using annual data from Table 1: Calculate the growth rate in U.S. exports over the last five years.(2017-2021)  Report your answer rounded to the nearest tenth.   % Calculate the growth rate in U.S. imports over the last five years.  Report your answer rounded to the nearest tenth.   %

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 41CTQ: Will nations that are more involved in foreign trade tend to have higher trade imbalances, lower...
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Answer the following questions using the BEA Tables for US International Trade in Goods and ServicesLinks to an external site..  https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services

 

Scroll down to the "U.S. Trade in Goods and Services, 1960-present" and download those spreadsheets.  Using annual data from Table 1:

Calculate the growth rate in U.S. exports over the last five years.(2017-2021)  Report your answer rounded to the nearest tenth.   %

Calculate the growth rate in U.S. imports over the last five years.  Report your answer rounded to the nearest tenth.   %

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