How has the interdependence of the U.S. economy with the rest of the worlds economies changed over
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How has the interdependence of the U.S. economy with the rest of the world’s economies changed over time? (Note:
When computing the percentage of GDP, you should note that quarterly data on exports and imports often are not expressed at annual rates, but the data on GDP are expressed at annual rates;
if this is the case with your data, multiply your data on imports and exports by 4 to get the appropriate ratio relative to GDP.)
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