Question: Answer the following questions using the BEA Tables for US International Trade in Goods and ServicesLinks to an external site. https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services Scroll down to the
Answer the following questions using the BEA Tables for US International Trade in Goods and ServicesLinks to an external site. https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services
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. %
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