Question: How to answer a question: How much is the surplus? If in 2023, U.S. exports of goods and services to Netherlands were $116.9 billion, up

How to answer a question: How much is the surplus? If in 2023, U.S. exports of goods and services to Netherlands were $116.9 billion, up 10% from 2022, and imports from Netherlands were $54.4 billion, up 10.6% from 2022. As a result, the trade surplus with Netherlands increased to $62.5 billion?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!