During the last several decades, the size of the trade sector (exports plus imports) of the United States has been
A) increasing as a share of the economy.
B) relatively constant as a share of the economy.
C) declining as a share of the economy.
D) increasing during periods of recession, but declining during periods of strong economic growth.

Question

Quizplus · Accepted Answer

The trade sector of the United States has been increasing as a share of the economy due to globalization, technological advancements, and trade agreements, which have facilitated more international trade.

During the Last Several Decades, the Size of the Trade