The Top Trading Partners for U

question 52

Multiple Choice

The top trading partners for U.S. exports and imports in 2016 were _____

• A) Canada, Ireland, Japan
• B) China, Canada, Mexico
• C) the United Kingdom, Germany, Brazil
• D) South Korea, Japan, Germany
• E) France, India, Ireland

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Definitions:

Business Cycle

Fluctuations in economic activity, such as employment and production

Stabilization Policy

Government strategies aimed at reducing economic volatility and maintaining stable economic growth, including measures such as fiscal and monetary policy adjustments.

Economists

Professionals who study the production, distribution, and consumption of goods and services, often analyzing economic issues and policies.

Lags

Delays between the initiation of a policy or action and its effects or outcomes.