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1. (10 points) Using the information on North America in Appendix 1, answer the following questions: a. What is the export to GDP ratio for

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1. (10 points) Using the information on North America in Appendix 1, answer the following questions: a. What is the export to GDP ratio for the region in 2019? Express your answer in percent form. (2 points) b. How many products are imported by the region? (1 point) c. Does the region export or import more products? (1 point) d. From which country does the region import the most? And how much in dollar value is being imported from this country? (2 points) e. Which country imported the most from North America in 2019? (1 point) f. Which product category had the highest export value in the region? State this value. (2 points) g. Which product category had the highest import value in the region? (1 point)APPENDIX 1 North America Trade At A Glance Source: World Integrated Trade Solution https://wits.worldbank.org countrysnapshot/en/NAC Overall Exports and Imports Exports Imports 1 Exports (in US$ Mil) 4 2,090,383 iImports (in US$ Mil) 42 3,021,970 1 No. Of products 4,545 1 No. Of products 4,554 i No. Of partners 231 1 No. Of partners 234 North America top 5 Export and Import partners Market Trade (US$ Mil) Partner share(%) iUnited States 336,236 42 16.08 1Canada 292,340 62 13.98 i Mexico 261,890 0 0 12.53 i China 124,163 4 5.94 1Japan 84,167 4 4.03 Exporter Trade (US$ Mil) Partner share(%) (i China 529,021 40 17.51 12.88 i Mexico 389,200 812 i Canada 326,726 40 10.81 iUnited States 230,781 40 7.64 1 Japan 159,406 40 5.27North America Exports and Imports of Product Groups Exports Imports Product Categories Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%) i Raw materials 318,937 43 15.26 4 261,779 42 8.66 42 0.51 43 i Intermediate goods 413.688 4 19.79 4 470,515 4 15.57 43 3.67 43 1Consumer goods 550,488 4 26.33 42 1,110,564 42 36.75 4 30.08 4 i Capital goods 611,240 43 29.24 43 1,055,853 4 34.94 42 0.37 43 World Development Indicators (WDI) 2019 WDI * i Population 364.290,258 GDP (current US$ Mil) 23,177,100 GNI per capita, Atlas method (current US$] 63,859.99 Trade Balance (current US$ Mil) -637.940.00 1 Trade Balance (% of GDP) -2.73

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