Worth of goods and services

Assignment Help Microeconomics

Reference no: EM13854821

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 this threaded discussion, complete the following

1) 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.

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

3) - Integrate biblical insights into your discussion board thread. In what way does scripture influence our attitudes and actions in international trade?

Reference no: EM13854821

Questions Cloud

Difference between leadership and management : What is the difference between leadership and management? How do these two terms relate to a project manager? What are the four frames of organizations? Describe each frame

What are precision and accuracy? : What are precision and accuracy?

Water supply challenges in rural communities : Please select and answer one of the following topics and write a well-organized and thoughtful five- to seven-page research paper. Water Supply Challenges in Rural Communities and Search and Rescue in Residential Structures

Contrast needs-based theories of motivation : Compare and contrast needs-based theories of motivation. Which offers the most value to healthcare managers?

Worth of goods and services : 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 Mexi..

Describe strategic measurement scorecard : Both the Genesis Energy and Sensible Essentials teams believe that the client engagement was very successful. All the critical learning tools were fully explored. Develop and describe a strategic measurement “scorecard” that incorporates the financia..

Used to complete the individual employees learning plan : You work in the HR Department of an electric power company in the southwestern region of the U.S. The company was founded in 1940 and has an excellent reputation as a provider of electricity. Identify the information needed to develop a template that..

Training is an essential hr activity : Training is an essential HR activity. Use the Argosy University online library resources and your textbooks to read about employee training programs. On the basis of your learning from the course, including the readings, your written assignments, and..

Senior leadership at xerox was unhappy : What if the senior leadership at Xerox was unhappy with the CEO and was looking to make a change? If you were the CEO during a time like this, what would you do to ensure the leadership that you were the best person for the job?

User Account

All Pages