Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

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.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.