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(APA, reference,no plagiarism)
LASA 2: International Trade
Visit the U.S. Government Web site, TradeStats Express: https://www.census.gov/foreign-trade/balance/c5700.html
- Find National Trade Data.
- Determine the trade balance between the U.S. and China for the most recent five year period.
- Illustrate the trend over this period with a graph of the data.
Based on the data provided, create a report in Microsoft Word discussing the trade balance between China and the U.S. for the most recent five year period. In your discussion, include an analysis of the effect of such trade balance on the economies of China and the U.S., both individually and comparatively. Justify your discussion and analysis by using appropriate examples and references. Include in your report an analysis of the impact on the U.S. economy of the situation where China holds such a large amount of the U.S. debt.
Explanation & Answer
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Running head: U. S. and China trade
LASA 2: International Trade
U. S. and China trade
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U. S. and China trade
The tables below represents the United States trade balance with chine from the year 2010 to 2014
Years
Export
2010
91,911.1
2011
104,121.5
2012
110,516.6
2013
121,746.2
2014
123,620.7
Years
Import
2010
364,952.6
2011
399,371.2
2012
425,619.1
2013
440,430.0
2014
468,483.9
The trade balance with the
China
Years
in millions of dollars
2010
-273,041.6
2011
-295,249.7
2012
-315,102.5
2013
-318,683.8
2014
-344,863.2
2
3
U. S. and China trade
The trade balance among the United States and China
"US trade balance with china"
0
2006
-50,000,000,000
2007
2008
2009
2010
2011
2012
-10...
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