Fred Bergsten of the Institute for International Economics estimates 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. Therefore, option D is the correct answer. Option A is incorrect because exports do not necessarily replace service sector jobs with manufacturing jobs. Option B is incorrect because exports typically generate revenues for the U.S. federal government. Option C is also incorrect because exports can result in increased profits for U.S. businesses.

Fred Bergsten of the Institute for International Economics Estimates That