Attempts: 2.3
Keep the Highest:2.3/3
1.Imports,exports,and the trade balance
The following table shows the approximate value of exports and imports for the United States from 1983 through 1987
Complete the table by calculating the surplus or deficit both in absolute (dollar terms and as a percentage of GDP.If necessary, round your answers to the nearest hundredth.
GDP
Exports
Imports
Exports Imports veer (Billions of dollars) (Billions of dollars) (Billions of dollars) (Billions of dollars) (Percentage of GDP) 1983 3,535.0 277.0 328.6 1984 3,931.0 302.4 405.1 1985 4,218.0 302.0 417.2 1986 4,460.0 320.3 452.9 1987 4,736.0 363.8 508.7
Source:"Income, Expenditures, Poverty, & Wealth: Gross Domestic Product (GDP)," United States Census
Bureau, United States Department of Commerce, last modified September 2011, accessed June 10, 2013,
https://www.census.gov/library/publications/2011/compendia/statab/131ed/income-expenditures
poverty-wealth.html.
Between 1985 and 1986,the
in dollar terms and
as
a percentage of GDP.
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