Title: Economics Flashcards | Quizlet
Headings: Economics
Economics
STUDY
PLAY
Key concepts:
Terms in this set (12)
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The International Economy
Economics

Content: What is the purpose of the US International Trade Association? to help countries establish free trade
to help businesses create viable exports
to limit levels of investment in trade opportunities
to limit trade opportunities for competing companies
to help businesses create viable exports
The graph shows US trade with China from 1985 to 2012. The Graph shows Exports to China as a blue line in billions from 0 to just over 100. The Graph shows Imports from China as an orange line in billions from 0 to about 430. What conclusion can be drawn about trade between the United States and China? The United States has a trade surplus with China. China's economy is declining. The United States has a trade deficit with China. China's economy is improving. The United States has a trade deficit with China.