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In 2017 , about what percentage of goods and services sold in the United States was imported? a. 22 percent b. 5 percent c. 15 percent d. 88 percent

Ask by Stuart Ellis. in the United States
Mar 20,2025

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About \(15\%\) of goods and services sold in the United States in 2017 were imported.

Solución

1. We start by noting that one of the provided choices should approximately match the percentage of goods and services sold in the United States that were imported in 2017. 2. By understanding economic trends and data, we know that the United States imports a non-negligible but moderate share of its total goods and services. The figure often mentioned in textbooks and economic studies for this period is around \(15\%\). 3. Next, we review the options: - (a) \(22\%\) - (b) \(5\%\) - (c) \(15\%\) - (d) \(88\%\) 4. The option \(5\%\) is too low given the scale of international trade. 5. The option \(88\%\) is far too high to represent the imported portion. 6. The option \(22\%\) is somewhat above the generally accepted estimate. 7. Therefore, the best answer is option (c) \(15\%\). Final answer: \(15\%\) of goods and services sold in the United States in 2017 were imported.

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In 2017, approximately 22 percent of goods and services sold in the United States were imported. This statistic reflects the increasing interconnectedness of the global economy, highlighting how American consumers enjoy a wide variety of products from around the world, from electronics to textiles! In real-world scenarios, this high percentage of imports can lead to both benefits and drawbacks. While consumers have access to a broader selection of products often at lower prices, it can also pose challenges for domestic industries and influence trade policies. Understanding these dynamics is crucial for grasping the complexities of global trade.

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