Which of the following is true? In recent decades, the volume of U. S. international trade has been declining as a share of the economy. Most of the textile products produced in the United States are exported abroad. The volume of U. S. trade with Canada is larger than for any other country. If one party to an international exchange gains, the other party must lose a similar amount.

International trade has been declining as a share of the economy.

Explanation:

International trade as a percentage of the United States GDP increased slowly over the second half of the twentieth century, and the first decade of the twentieth-first century, from 9.17% in 1960, to a peak of 30.79% in 2011. However, in the last years, this percentage has been gradually declining. For example, in 2017, international trade as percentage of GDP was 27.09%.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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