Question

Regarding the major trading partners of the United States A. the top 10 accounted for nearly 50 percent of total U.S. goods exports. B. the top 10 accounted for nearly 50 percent of total U.S. goods imports. C. China was the largest recipient of U.S. goods exports. D. China, Canada, and Japan were the three largest sources of U.S. goods imports. E. China, Canada, and Mexico were the three largest markets for U.S. goods exports.

Answer 1

Answer:

E) China, Canada, and Mexico were the three largest markets for U.S. goods exports.

Explanation:

As of 2017, the 10 largest markets for US exports were (measured in millions of dollars):

1. Canada         $282,265  
2. Mexico          $243,314
3. China          $129,894
4. Japan           $67,605
5. Great Britain     $56,258
6. Germany           $53,897
7. South Korea   $48,326
8. Netherlands    $41,510
9. Hong Kong   $39,939
10. Brazil           $37,222