Fred Bergsten of the Institute for International Economics that every $1 billion of U.S. exports:

Question

Quizplus · Accepted Answer

According to Fred Bergsten, every $1 billion of U.S. exports generates over 20,000 jobs in the U.S. This means that exporting goods creates more jobs in the U.S. rather than reducing them, making option A incorrect. Option B is also incorrect as exporting goods generates revenues for both the U.S. federal government and U.S. businesses, disapproving the idea of lost revenues and profits respectively.

Fred Bergsten of the Institute for International Economics That Every