What are leading u.s. exports and imports in terms of value

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Questions:

  • What are the leading U.S. exports and imports in terms of value?
  • Which trading partners are most important to the United States? This can be measured in terms of total exports, total imports, or total exports plus imports.
  • Which countries have the largest trade deficits and trade surpluses with the United States?
  • Find the trading statistics for the U.S. and Canada, and the U.S. and Mexico.
  • When the United States signed a free-trade agreement with Canada (1989), no one thought twice about it. When the agreement with Mexico was signed (1994), there was significant opposition. Use the concepts of interindustry and intra-industry trade to explain the differences in opposition to the two trade agreements.
  • Given the current trading statistics of U.S. trade with Canada and Mexico, does the opposition to the agreements seem justified.

Reference no: EM133364370

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