I have gathered all of the relevant data needed for this assignment; however, I do not understand where to go from here.
Please follow all the instructions for the assignment, show all your work for full credit, and write all the formulas. This assignment has two parts: 5 points each 1. Collecting DATA. 2. Doing a short WRITE-UP on the data collection. 1) Collecting DATA Step 1: Go the WEBSITE Step 2: https://apps.bea.gov/international/factsheet/factsheet.cfm?Area=000&UUID=f860c49a-Odbe- 4ebb-aa7b-67a6378e726d Step 3: From the LEFT-HAND MENU - pick 2 countries -CHINA & GERMANY See BELOW: example LEFT-HAND MENU Related Areas Africa Asia and Pacific Canada Europe Latin America and Other Western Hemisphere Middle East Collect Trade and Direct Investment Step 4: Collect from the OVERVIEW TAB the following Data for China & Germany: 2009/2010 -2019 1. Exports, Imports, and Balance 2. Exports and Imports by Type 3. 2019 U.S. Direct Investment Position with China & Germany (outward and inward data) 2) Write your short WRITE-UP on the data collection for both the countries.China 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Exports 115,559 133,880 144,894 160,375 169,008 165,525 170,395 186,288 177,969 163,845 Imports 376,735 412,413 439,832 455,525 483,677 499,059 479,264 523,492 558,772 471,442 Balance -261,176 -278,533 -294,938 -295,150 -314,669 -333,534 -308,869 -337,204 -380,803 -307,597 Chinese Exports and Imports by Type 2019 (billions s] Rank Exports Rank Imports Capital good except automotive S 45.4 1 Consumer goods except food&automotive $ 224.0 2 Travel services S 31.1 2 Capital goods except automotive $ 156.4 3 Industrial supplies and materials S 28.7 3 Industrial supplies and materials S 42.6 4 Foods, feeds, and beverages S 13.3 4 Automotive vehicles, parts, & engines S 17.7 5 Automotive vehicles, parts, and engines S 10.0 5 Other general merchandise S 7.4 Other goods and services S 35.5 Other goods and services S 23.4 US Direct Investment Position with China (millions s) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Outward 54,069 58,996 53,661 54,514 60,454 82,244 82,150 97,287 107,556 116,518 Inward 1,624 3,300 2,598 7,076 7,855 10,071 14,714 40,447 39,518 39,473Germany 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Exports 73,378 76,808 76,075 74,644 77,907 80,133 81,383 86,473 92,447 96,149 Imports 111,902 130,025 141,632 147,834 157,555 157,162 148,518 153,362 159,819 162,395 Balance -38,524 -53,217 -65,557 -73,190 -79,648 -77,029 -67,135 -66,889 -67,372 -66,246 German Exports and Imports by Type 2019 (billions s] Rank Exports Rank Imports 1 Capital good except automotive $ 26.9 1 Capital goods except automotive S 46.9 Industrial supplies and materials S 11.0 2 Automotive vehicles, parts, & engines S 27.2 3 Other business services S 10.8 3 Consumer goods except food&Automotive $ 24.3 4 Consumer goods except food&automotive $ 9.2 4 Industrial supplies and materials S 20.0 5 Automotive vehicles, parts, and engines S 9.2 5 Transport services S 9.3 Other goods and services S 29.0 Other goods and services S 34.7 US Direct Investment Position with Germany (millions s] 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Outward 110,149 103,319 119,648 121,072 111,724 114,421 120,519 133,696 136,128 140,331 Inward 183,966 203,077 213,601 197,438 213,256 251,009 281,295 294,257 310,190 324,151
