Question: Using the Trade Stats Express page and response to the following questions: What are the leading U.S. exports and imports in terms of value?

Using the Trade Stats Express page and response to the following questions:

 
  1. What are the leading U.S. exports and imports in terms of value?
  2.  
  3. Which trading partners are most important to the United States? This can be measured in terms of total exports, total imports, or total exports plus imports?
  4.  
  5. Which countries have the largest trade deficits and trade surpluses with the United States?
  6.  
  7. Find the trading statistics for the U.S. and Canada, and the U.S. and Mexico?
  8.  
  9. When the United States signed a free-trade agreement with Canada (1989), no one thought twice about it. When the agreement with Mexico was signed (1994), there was

  10.  significant opposition. Use the concepts of interindustry and intra-industry trade to explain the differences in opposition to the two trade agreements.

  11. Given the current trading statistics of U.S. trade with Canada and Mexico, does the opposition to the agreements seem justified?

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