In the U.S. over the last 50 years:
A) imports have grown and exports have fallen.
B) both imports and exports have grown dramatically.
C) both imports and exports have fallen dramatically.
D) the percent of GDP that represents imports and exports has remained fairly steady.

Question

Quizplus · Accepted Answer

Both imports and exports have grown dramatically over the last 50 years in the U.S. This can be attributed to globalization, advances in technology, and changes in trade policies. While there have been fluctuations in the balance of trade, overall both imports and exports have increased significantly.

In the U.S. Over the Last 50 Years