Back to Assignment Attempts I I Average / 2 1. Imports, exports, and the trade balance The following table shows the approximate value of exports and imports for Canada from 1985 through 1989. All values are in billions of dollars. Year Exports (Billions of $) Imports (Billions of $) GDP (Billions of $) 1985 137.4 126.1 486 1986 142.8 137.8 513 1987 149.9 143.3 559 1988 163.8 159.1 613 1989 168.9 168.7 658 Source: "United Nations Website (un.org)." In 1987, Canada ran a trade V equal to V . Which of the following statements is correct? Of the years listed, Canada ran its largest trade surplus in 1989. ' ' Canada ran a trade decit in 1987