Exports equal 32% of global economic output, but Exports equal 32% of global economic output, but only 13% of U.S. output. [U.S. supplies 1/8 of worlds.
Foreign Trade. For up-to-date statistics visit Susan Hayes “The Positive Economist”
International Trading Environment. What is Home/Domestic Trade? Buying and selling of goods & services in our own country.
Rachel Farrell & Aoife Healion International Trading Environment.
