Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please help asap!! Answer the following questions using the BEA Tables for US International Trade in Goods and Services B, Scroll down to the U.S.
Please help asap!!
Answer the following questions using the BEA Tables for US International Trade in Goods and Services B, Scroll down to the "U.S. Trade in Goods and Services, 1960-present" and download those spreadsheets. Using annual data from Table 1: Calculate the growth rate in U.S, exports over the last five years. Report your answer rounded to the nearest tenth. Calculate the growth rate in U.S. imports over the last five years. Report your answer rounded to the nearest tenth. U.S. International Trade in Goods and Services, October 2022 October 2022 $78.2B September 2022 $74.1B The U.S. monthly international trade deficit increased in October 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.1 billion in September (revised) to $78.2 billion in October, as imports increased and exports decreased. The goods deficit increased $6.1 billion in October to $99.6 billion. The services surplus increased $2.1 billion in October to $21.4 billion Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started