In a given year,the value of U.S.exports and imports ________.

Question

Quizplus · Accepted Answer

While exports and imports do involve exchange of goods and services between countries, they do not necessarily involve direct foreign exchange transactions. Much of the trade is conducted through intermediaries such as banks and payment systems, without actually exchanging physical currency. Therefore, the value of U.S. exports and imports is a relatively small fraction of U.S. foreign exchange transactions.

In a Given Year,the Value of U