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Topic: International Trade
  • From Economics, Macroeconomics
  • Due on 16 Dec, 2015 07:30:00
  • Asked On 08 Dec, 2015 12:32:00
  • Due Date has already passed, but you can still Post Solutions.
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Question/Prompt: "In 2014, “the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is more, exports are an increasingly important aspect of the U.S. economy.” (New top markets series provides data, 2015)

 

In your thread, complete the following:

  1. Discuss economic theory related to the quote above. Be sure to include a definition of exports and the way in which exports are counted in the measurement of Gross Domestic Product (GDP) within your discussion.
  2. Locate and incorporate outside research that gives evidence and explanation as to the possible causes of this growth in exports. Provide an example of 1 particular industry or country with which export quantity has increased.
  3. Integrate biblical insights into your thread. In what way does Scripture influence our attitudes and actions in international trade?

http://www.commerce.gov/news/blog/2015/07/new-top-markets-series-provides-data-and-analysis-help-us-exporters-compare

 

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Topic International Trade use as a guide only
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  • Submitted On 08 Dec, 2015 06:40:00
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Economic Theory: Name: Institution: ECONOMIC THEORY The economic theory that is discussed in the case study is the theory of international trade. International trade states that business takes place due to different variations in the factors of production in the various countries. The production...
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International Trade
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  • Submitted On 08 Dec, 2015 12:37:23
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1. The economic theory is a concept that is used for the explanation and...
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Topic: International Trade
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  • Submitted On 12 Dec, 2015 08:56:27
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Question/Prompt: "In 2014, “the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is ...
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