Answer:
Here Export > Import
So it is a trade Surplus
The U.S. has a trade Surplus of $50 billion.
Trade Surplus = export - import
= 350-300
= 50 billion
The trade Surplus is $50 billion
Correct option: C] The U.S. has a trade surplus of $50 billion.
Question 29 (1 point) IF U.S. exports are $350 billion and U.S. imports total $300 billion,...
4. In 2008, Canada had net exports of $44.9 billion and sold $488.7 billion of goods and services abroad. Canada had A. $44.9 billion of exports and $443.8 billion of imports. B. $533.6 billion of exports and $488.7 billion of imports. C. $533.6 billion of imports and $488.7 billion of exports. D. $488.7 billion of imports and $443.8 billion of exports. E. $443.8 billion of imports and $488.7 billion of exports. 5. Which of the following factors affects a country's...
Assignment Help The table below shows historical data on U.S. exports and imports of goods and services for five years. For each of these years, indicate whether the United States was running a trade surplus or deficit, and dollar amount of the surplus or deficit, and calculate thee ratio as a percent of the surplus or deficit to U.S. exports. Instructions: In the event a deficit, do NOT include a negative sign (-) for either the dollar amount or the...
Which of the following would result in a trade surplus for the United States? a. Exports of goods = $725 billion Imports of goods = $790 billion Exports of services = $350 billion Imports of services = $260 billion b. Exports of goods = $625 billion Imports of goods = $625 billion Exports of services = $300 billion Imports of services = $375 billion c. Exports of goods = $550 billion Imports of goods = $575 billion Exports of services...
In the economy of Scottopia in 2010, exports equaled $400 billion of goods and $300 billion of services, imports equaled $500 billion of goods and $350 billion of services, and the rest of the world purchased $250 billion of Scottopia’s assets. What was the merchandise trade balance for Scottopia? What was the balance of payments on current account in Scottopia? What was the balance of payments on financial account? What was the value of Scottopia’s purchases of assets from the...
During some year a country had exports of $105 billion, imports of $140 billion, and domestic investment of $200 billion. Therefore its saving during the year was $165 billion. Select one: True False n the United States before 1980, national saving and domestic investment were very close, and so net capital outflow was large (in absolute value terms). Select one: True False If both domestic investment and net capital outflow decrease then national saving must increase. Select one: True False...
The trade feedback effect shows that O A 50 million dollar increase in U.S. exports results in a 30 million dollar decrease in German imports. 0 A 100 million dollar increase in U.S. imports results in a 50 million dollar decrease in French imports. O A 100 million dollar increase in U.S. imports results in a 70 million dollar increase in U.S. exports. O A 1 billion dollar increase in U.S. GDP increases U.S. net exports by 100 million dollars.
Question 20 (1 point) $20 300 15 80 10 Proprietors' Income Compensation of Employees Consumption of Fixed Capital Gross Investment Rents like Interest Exports Imports Corporate Profits Taxes on Production and Imports Net Foreign Factor Income Statistical Discrepancy 20 30 50 @ Refer to the accompanying data. All figures are in billions of dollars. Net domestic product is $395. $380. $375. $360 Question 21 (1 point) $200 40 15 300 Disposable Income Net Private Domestic Investment US Imports National Income...
What exported goods increased
and what decreased? How might that be explained?
This is entire question I broke it down into different
questions.
Did the trade deficit increase of decrease for the current
period? For the year so far? Which exported services increased in
the latest period? Which decreased? What might explain those
changes? What exported goods increased? What decreased? How might
that be explained?
U.S. International Trade in Goods and Services, October 2018 Goods and Services Trade Deficit Seasonally...
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