How does this show why the United States should be concerned about other country’s economies? Think about exports and imports from the point of view of a consumer.

How does this show why the United States should be concerned about other country’s economies? Think about exports and imports from the point of view of a consumer. If your country’s economy is not growing (at least as fast as it ‘should’) and you do not feel confident about the economy, are you more likely or less likely to purchase goods (including imported goods)? How does that relate to US exports to Europe, China, India, Turkey and other countries that are “growing only slowly”? Does another country’s economic conditions affect your decisions to buy their goods? How does that relate to US imports of goods from other countries

Why is it important to know which sectors are performing well (in terms of exports)?

Looking ahead a little bit, how does the jobs report (first paragraph on the second page) predict future production?’


 

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