What impact is foreign trade having on gdp and us economy

Reference no: EM132201207

Question: Find the following economic data, using the internet: ( SHOW ALL WORK AND GIVE EXPLANATION)

1) The level (dollar amount) and growth rate of real GDP for the first two quarters of 2018 and for all of 2017.

2) The level and growth rate of nominal GDP for the first two quarters of 2018 and for all of 2017

3) The level and growth rate of real consumption spending for the first two quarters of 2018 and for all of 2017. What impact is foreign trade (exports minus imports) having on GDP and the US economy? ( write at least 7 sentences)

Reference no: EM132201207

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