Imports and Exports: International trade and how it effects economic growth in the united states

Instructions

Paper must be detailed not vague because this is microeconmoics

Answer

International Trade and Impact on U.S. Economic GrowthIntroductionThe modern age of globalization has seen increase in trade interactions among countries of the world, consequently leading to international trade. International trade has had great impacts on the United States of America economically. It is vital to note that international trade involves the export and import of goods as well as services among countries and across continents. The United States is one of the major countries that benefits from international trade which occurs through the import and exports of goods and services. International trade, being a huge factor of openness, has significantly contributed to the economic growth of the United States. The United States has experienced enhanced economic growth brought about...

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