Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 6

TRADE BALANCES WITH PARTNER COUNTRIES The U.S. Census Bureau, at www.census.gov/foreign-trade/ statistics/highlights/top/index.html, lists the top trading partners of the United States (imports and exports added together) as well as the toP₁5 countries the United States exports to and imports from. Using the current year-to-date data, compare the toP₁5 countries to which the United States exports with the toP₁5 countries from which the United States imports. Are the countries the same What percentage of U.S. imports and exports are accounted for by the toP₁5 trading partners The top 5 trading partners represent what percent of U.S. imports and what percent of U.S. exports