Question
What was one specific example of an export from the United States in 2020 that was mentioned and highlighted on the following website? https://www.visualcapitalist.com/cp/mapped-the-top-us-exports-by-state/Links to
What was one specific example of an export from the United States in 2020 that was mentioned and highlighted on the following website?
https://www.visualcapitalist.com/cp/mapped-the-top-us-exports-by-state/Links to an external site.
Before posting your answer, make sure to read the answers other students have posted, so that you can make sure that your example isdifferent than theirs, and from a different state. To earn the most points, the introductory paragraph within your posting should include the definition of an export, and describe (just) one specific country outside of the United States where the export that you have identified could have been shipped to in the year 2020.
Then - in at least two more paragraphs - discuss and demonstrate your own understanding of the differences between an export and an import in the Product Market. Also, discuss how one country's exports are actually the same products as another country's imports (as these concepts relate to the specific product that you have chosen to use as your example) and how each country's "trade surplus" or "trade deficit" could increase or decrease as the result of this trade. And make sure your postings don't have any spelling errors in them (words that are underlined in red within Canvas by the auto-spell checker).
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