Question

The exporting trade in the United States has had a significant impact on the U.S. economy. In 2016, exports accounted for 11 million jobs—an increase of 3.3 million jobs since the 2009 recession. Which of the following is true about the impact of U.S. exports on the global economy?

A. China and Mexico are our best partners for our exports.
Globalization represents a huge opportunity for wealthy nations but, while it may create some jobs for poor nations, it fails to provide opportunities for poor nations.
C. During the time period from 2009-2016, exports have decreased in importance for the U.S. economy.
D. The increase in trade volume over the past 65 years has been one of the most important factors in the rise of the living standards around the world.

Answer 1

The impact of U.S. exports on the global economy is significant and positive, contributing to job growth and improving living standards worldwide.

Step-by-step explanation:

The impact of U.S. exports on the global economy is significant and positive. The increase in trade volume over the past 65 years has been one of the most important factors in the rise of living standards around the world. This is evident from the fact that exports have contributed to job growth in the United States, with an increase of 3.3 million jobs since the 2009 recession. While China and Mexico are important trading partners for the United States, it is important to note that U.S. exports have a broader impact on the global economy.