International Trade Paper

“In 2014, “the United States exported $2.34 trillion worth of goods and services—an  all-time record. Exports from the United States in 2014 equaled the  entire gross domestic product of Brazil and exceeded all commercial  output in India, Italy, or Mexico. What is more, exports are an  increasingly important aspect of the U.S. economy.” (New top markets  series provides data, 2015)

 

In your thread, complete the following:

 

Discuss economic theory related to the quote above. Be sure to  include a definition of exports and the way in which exports are counted  in the measurement of Gross Domestic Product (GDP) within your  discussion.

 

Locate and incorporate outside research that gives evidence and  explanation as to the possible causes of this growth in exports. Provide  an example of 1 particular industry or country with which export  quantity has increased.

 

Integrate biblical insights into your thread. In what way does  Scripture influence our attitudes and actions in international trade?

 

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