The following data summarize the trade between Canada and the United States in 2017 and 2018. In

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The following data summarize the trade between Canada and the United States in 2017 and 2018.

2017 2018 Exports of Goods and Services from the United States to Canada (billions of U.S. dollars) $ 341.3

In both years, the value of U.S. exports to Canada exceeded the value of Canadian exports to the United States. Can we conclude that, during these years, foreign trade between the two countries benefited the United States more than it benefited Canada? Briefly explain. 

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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