Business Economics

Running head : BUSINESS ECONOMICS[Author][University] foxiness Balances With Other Countries eliminate Trading Partners of get together StatesCountry Volume of Trade [Export Import] in zillion U .S . Dollars to U .S . Exports to U .S . ImportsCanada 561 ,548 ,043 21 .3 16 .03China 386 ,746 ,095 5 .61 16 .46Mexico 347 ,340 ,283 11 .74 10 .79Japan 208 ,128 ,624 5 .39 7 .45Germany 144 ,016 ,478 4 .27 4 .83 get together Kingdom 107 ,189 ,108 4 .32 2 .91 p South Korea 82 ,269 ,287 2 .98 2 .43France 68 ,996 ,096 2 .36 2 .13Taiwan 64 ,660 ,431 2 .27 1 .96Netherlands 51 ,406 ,417 2 .84 0 .94 Top 10 Countries in which coupled States has Trade SurplusCountry Volume of Trade Surplus in billion U .S . DollarsNetherlands 14 ,565 ,513Hong Kong 13 ,090 ,070Australia 10 ,588 ,779United Arab Emirates 10 ,269 ,936Belgium 10 ,009 ,177Singapore 7 ,889 ,203Panama 3 ,373 ,769Egypt 2 ,967 ,566Qatar 2 ,283 ,293Switzerland 2 ,270 ,436 Top 10 Countries in which United States has Trade DeficitCountry Volume of Trade Deficit in billion U .S . DollarsChina -256 ,269 ,475Japan -82 ,798 ,672Mexico -74 ,257 ,759Canada -64 ,673 ,715Germany -44 ,712 ,466Nigeria -29 ,983 ,559Venezuela -29 ,697 ,362Saudi Arabia -25 ,227 ,200Ireland -21 ,335 ,742Malaysia -21 ,110 ,148 Based from the given three tables above , it is pass that most of the sack trading allys of the United States belongs to either the top 10 countries in which U .S . has alternate surplus or deficit . This only suggests that the higher the volume of hatful amid the United States with other countries , there is a great possibility for U .S . to earn deficit or surplus of trade .

Whereas those countries that trade less volume of commodities to United States are belike to attain almost break even trade counterweight . Furthermore , top 10 countries in which United States has trade deficit dominate the top 10 trading partner of U .S . This only suggests that most of the trading transactions of United States to its top trading partners are importation of various commodities (Census .gov 2007GDP in America Country United States 13 ,201 ,819 100Canada 1 ,251 ,463 9 .48Brazil 1 ,067 ,962 8 .09Mexico 839 ,182 6 .36Argentina 214 ,058 1 .62Venezuela 181 ,862 1 .378Chile cxlv ,841 1 .10Columbia 135 ,836 1 .03Peru 93 ,269 0 .706Ecuador 40 ,800 0 .309Guatemala 35 ,290 0 .267Dominican Republic 30 ,581 0 .232Costa Rica 22 ,145 0 .168Trinidad and Tobago 19 ,911 0 .151Uruguay 19 ,308 0 .146El Salvador 18 ,306 0 .139Panama 17 ,097 0 .13Bolivia 11 ,136 0 .084Honduras 9 ,235 0 .07Paraguay 9 ,110 0 .069Nicaragua 5 ,369 0 .041Haiti 4 ,961 0...If you want to get a full essay, mold it on our website: Ordercustompaper.com

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