Question: Please help asap!! Answer the following questions using the BEA Tables for US International Trade in Goods and Services B, Scroll down to the U.S.

Answer the following questions using the BEA Tables for US International Trade in Goods and Services B, 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. U.S. International Trade in Goods and Services, October 2022 October 2022 $78.2B September 2022 $74.1B The U.S. monthly international trade deficit increased in October 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.1 billion in September (revised) to $78.2 billion in October, as imports increased and exports decreased. The goods deficit increased $6.1 billion in October to $99.6 billion. The services surplus increased $2.1 billion in October to $21.4 billion
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
