The following data summarize the trade between Canada and the United States in 2015 and 2016. In

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The following data summarize the trade between Canada and the United States in 2015 and 2016.

Exports from Canada to the Exports from the United States to United States (billions of U.S. dollars) Canada (billions o

In both years, the value of Canada’s exports to the United States exceeded the value of U.S. exports to Canada. Can we conclude that foreign trade between the two countries benefited Canada more than it benefited the United States? Briefly explain.

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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