Assignment 2: Discussion Question

Assignment 2: Discussion Question

Data from 2010 to 2012

Total Trade In Billions of U.S. ($)

 

Country

2012

2011

2010

 

1

Canada

616.00

597.27

524.67

1737.94

2

China

536.23

503.21

456.82

1496.26

3

Mexico

493.98

460.65

392.98

1347.61

4

Japan

216.43

194.98

180.89

592.30

5

Germany

157.31

147.53

130.88

435.72

6

UK

109.75

107.14

98.25

315.14

7

Korea, South

101.2

100.14

87.7

289.04

8

France

72.44

 

65.56

138.00

9

Brazil

75.81

74.32

59.28

209.41

10

Saudi Arabia

73.79

61.3

 

135.09

Table 1.1

According to the Table 1.1 Canada, China, Mexico, Japan, Germany, United Kingdom, Korea-South, Saudi Arabia and France are top three trading partners with the United States from year 2010 to 2012.

Total Deficit In Billions of U.S.

 

Country

2012

2011

2010

Total

3

Germany

(59,738.68)

(49,266.33)

(34,478.41)

(143,483.42)

2

Mexico

(61,321.82)

(65,562.13)

(66,333.88)

(193,217.83)

1

China

(315,053.00)

(295,456.51)

(273,065.55)

(883,575.06)

Table 1.2

According to Table 1.2 China, Mexico & Germany are those three countries which had the largest trade deficit from year 2010 to 2012.

Import and Exports of China

U.S. exports Power generation equipments, Electrical machinery ...