Asked by
India Love Westbrooks
on Nov 03, 2024Verified
U.S._____ make up about a quarter of the U.S.gross domestic product (GDP) .
A) petroleum exports
B) computer technology
C) exports and imports of goods and services
D) production of consumer electronic products
Gross Domestic Product (GDP)
Sum of all goods and services produced within a country’s boundaries during a specific time period, such as a year.
Exports and Imports
The act of selling goods and services to another country (exports) and buying goods and services from another country (imports).
- Gain insight into the economic importance of trade surpluses and deficits, and how they influence the economic well-being of nations.
Verified Answer
GS
Learning Objectives
- Gain insight into the economic importance of trade surpluses and deficits, and how they influence the economic well-being of nations.