Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

What are the effects on U.S. imports and exports when the U.S. experiences economic growth stronger than its major trading partners

Sagot :

Answer:

Imports will increase

Explanation:

Exports provide money into the system, increasing the GDP of the exporting country. If a country imports items, it does so from outside manufacturers. The money that is spent on imports departs the economy, lowering the GDP of the importing country.

Imports will rise if the United States' economic growth outpaces that of its main trade partners.

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.