Question

International trade has always played a role in the U.S. economy.
Is this role increasing or decreasing​ (in terms of exports and​ imports)? International trade is
A. increasing because tariffs are increasing.
B. increasing because communication is more expensivecommunication is more expensive.
C. increasing because government policies facilitate tradegovernment policies facilitate trade.
D. decreasing because shipping costs have decreasedshipping costs have decreased.
E. increasing because countries no longer enter into free trade agreements.

Answer 1

Answer:

C) increasing because government policies facilitate trade

Explanation:

The recent trade disputes with Canada and Mexico, didn't actually reduce the trade between the countries, and a new deal has been signed.

The current dispute with China has hurt some of American exports (specially agriculture products) but hopefully it will be solved before it escalates to higher levels.

Usually trade has been continuously increasing since government policies encourage exports, and that also ends up increasing imports.