Answer the following questions using the BEA Tables for US International Trade in Goods and Services E 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 between 2017-2021. Report your answer rounded to the nearest tenth. % Calculate the growth rate in U.S. imports between 2017-2021. Report your answer rounded to the nearest tenth. %
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- Using globalEDGE Identify the ten economies that had the highest total imports in merchandise trade for the most recent year available. Where does the Russian Federation rank? List the Import volumes (in correct units).In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014 (http://www.conference-board.org/data/ globaloutlook.cfm), projects Chinas growth between 2015 and 2019 to be about 5.5%. International Business Times (http//www.ibtimes.com/us-exports-china-have rown-294-over-past-decade- 1338693) reports that China is the United States third largest export market, with exports to China growing 294 over the last ten years. Explain what impact China has on the U.S. economy.Table 1. Export, Import and GDP in selected countries in 2018 Import (current USD, bln) 380.1 906.3 Export (current USD, bln 466.3 GDP (current USD, bln) 705.1 Switzerland Japan Data source: https://wits.worldbank.org/CountryProfile/en/Country/CHE/Year/LTST/ 917.9 4,954.8 Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio measure. Compare the results for two countries and discuss if a low value indicate that a country is closed to trade with the outside world.
- Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio measure. Compare the results for two countries and discuss if a low value indicate that a country is closed to trade with the outside world. Import (current USD, bln) 380.1 Export (current USD, bln 466.3 917.9 GDP (current USD, bln) 705.1 4,954.8 Switzerland Japan 906.3(Table: U.S. International Trade in Goods and Services, 2021, in millions of dollars. Details may not equal totals, due to seasonal adjustment and rounding.) The table contains data on U.S. trade in 2021.In 2021, the United States imported million worth of goods. Exports Goods Services Total Total 2021 -861,383 -1,091,384 230,001 2,532,955 1,761,709 771,247 a. Period $2,532,955 b. $758,888 C. -$861,383 Balance Goods d. $2,853,093 Imports Goods Services 3,394,339 2,853,093 541,245 Services TotalWhat are the principal imports, principal exports, gross national product, chief of state, major cities and population, principal agricultural crop, and major companies in the country of Brazil,10 years prior to the current available data? Which US company do you recommend to enter Brazil's market and why?
- Compute the ratio of exports to imports for 2020 for each category.Scroll down to "U.S. Trade in Goods and Services by Selected Countries and Areas, 1999 - Present" and download those spreadsheets. https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services Using Table 1, to which three nations (not areas or regions) did the U.S. export the highest dollar value of goods and services in 2021? Using Table 1, to which three nations (not areas or regions) did the U.S. export the highest dollar value of goods and services in 2017?The table below shows the export and import values of automobiles, pharmaceuticals, and clothing in Country A and Country B. Country A Automobiles Exports ($Billions) Imports ($Billions) 20 40 Pharmaceuticals 30 30 40 Clothing Country B Exports ($Billions) Imports ($Billions) Automobiles 0 Pharmaceuticals 40 Clothing 45 The IIT share is zero for in Country A and for O pharmaceuticals; pharmaceuticals O clothing; pharmaceuticals O automobiles: pharmaceuticals Oclothing; automobiles 0 20 40 35 in Country B.
- Question Match the term to its correct definition. Column A 1. 2. 3. 4. 5. f 6. Asia-Pacific Economic Cooperation (APEC) European Union International Trade Agreements North American Free Trade Agreement (NAFTA) O a O b O c Od Protectionism United Nations (UN) What happens when a nation's currency depreciates? Its products become cheaper to other nations. Its trade decreases. Its trade increases. Its products become more expensive to other nations. Question 3 (1 point) Column B a. A trade agreement between the United States, Mexico, and Canada established in 1994 and renegotiated as the United States-Mexico-Canada agreement. b. A political and diplomatic organization established to promote economic and social cooperation between nations. c. Multinational agreements on trade conditions. d. A political and economic union of European states. e. An economics forum consisting of 21 countries in the Asia-Pacific region. f. The concept of protecting a country's domestic industries from foreign…Trade Statistics-WTO-2021 Follow up the official site to download latest data WTO International Trade Statistics: 3 latest years reports 1. Submit your assignment enumerating at least 5 key findings from the WTO's trade statistics by critically analyzing them.( STRICTLY DO HANDWRITTEN IN A PAPER) NOTE: JUST DON'T LIST THE KEY FINDINGS ALSO CRITICALLY ANALYZE EACH FINDINGS BY WRITING SOME SUPPORTIVE SENTENCES/ARGUMENTS FOR EACH POINT.Given the above graph, what are the imports and exports for this country? a- It imports 25 computers and exports 275 shoes b- It exports 25 computers and imports 275 shoes c- It imports 125 computes and exports 350 shoes d- It exports 125 computes and imports 350 shoes