Chapter 10 - Assignment 3: Net Exports
Examine the chart of
U.S. net export expenditures. Compare this with the chart of the
U.S. unemployment rate.
(Both charts are provided by Ted Bos' Economic
Chart Dispenser page.)
- Describe the general pattern of the
U.S. net export expenditures series. When was the level of net exports highest?
- Does the unemployment rate series
display a similar pattern?
- Is there any reason to expect that falling unemployment might be accompanied by a lower level of net exports
(and a larger trade deficit)?
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