Currently, the US is a major exporter of agricultural products such as wheat and beef. Simultaneously, the US imports approximately one half of the food consumed in the nation, based on value. Explain the economic meaning of this.

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The Answer of Currently, the US is a major exporter of agricultural products such as wheat and beef. Simultaneously, the US imports approximately one half of the food consumed in the nation, based on value. Explain the economic meaning of this.

Currently, the US Is a Major Exporter of Agricultural Products