Question

U.S. exports of goods and services (on a national income account basis) are about Multiple Choice 8 percent of U.S. GDP. 12 percent of U.S. GDP. 20 percent of U.S. GDP. 28 percent of U.S. GDP.

Answer 1

Countries are involve in trade. U.S. exports of goods and services (on a national income account basis) are about 12 percent of U.S.

What is US economy based on?

The U.S. economy is one that has aa highly creative and technologically-advanced services sector, which is said to own about 80% of its output.

The U.S. economy is lead by services-oriented companies in sectors such as technology, financial services, healthcare, etc.

Studies has shown that the US economy  exports as at 2019, was said to have exports of goods and services from the United States  to about 11.73 percent of its gross domestic product (GDP).

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