Question

In: Economics

Answer the following questions for the U.S. and Russia: What are the major imports to, and...

Answer the following questions for the U.S. and Russia:

What are the major imports to, and exports from, the country?

What are top 5-10 trading partners as measure by dollar value of imports and exports?

Solutions

Expert Solution

Major Imports Major Exports Top Export Destinations Top Import Origins
USA
  • largest importer in the world
  • Total imports - $2.16T (2017)

Major imports -

  • Cars - $179B
  • Crude Petroleum - $129B
  • Broadcasting Equipment - $105B
  • Computers - $73.5B
  • Packaged Medicaments - $65.7B
  • 3rd largest exporter in the world
  • Total exports - $1.25T

Major exports -

  • Refined Petroleum - $74.5B
  • Cars - $56B
  • Planes/Helicopters, Spacecrafts - $54B
  • Gas Turbines - $31.6B
  • Integrated Circuits - $28.9B
  • Mexico - $182B
  • Canada - $150B
  • China - $133B
  • Japan - $66.9B
  • Germany - $61.6B
  • China - $477B
  • Mexico - $307B
  • Canada - $275B
  • Japan - $125B
  • Germany - $112B
Russia
  • 19th larget imprter in the world
  • Total imports - $221B (2017)

Major Imports -

  • Packaged Medicaments - $8.23B
  • Cars - $7.69B
  • Vehicle Parts - $7.44B
  • Broadcasting Equipment - $7.04B
  • Planes, Helicopter, Spacecrafts - $6.33B
  • 14th largest exporter in the world
  • Total exports - $341B

Major exports -

  • Crude Petroleum - $96.6B
  • Refined Petroleum - $58.4B
  • Petroleum Gas - $19.8B
  • Coal Briquettes - $16.1B
  • Wheat - $7.93B
  • China - $39.1B
  • Netherlands - $27.7B
  • Germany - $19.9B
  • Belarus - $18.5B
  • USA - $15.4B
  • China - $43.8B
  • Germany - $27,2B
  • Belarus - $12.5B
  • USA - $10.9B
  • Italy - $9.2B

Source - https://atlas.media.mit.edu

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

Answer the following questions for the U.S. and Russia: What is the country’s overall immigration policy?...
Answer the following questions for the U.S. and Russia: What is the country’s overall immigration policy? Do U.S. and other foreign companies operate inside of the country? If so, do these firms contribute to the country’s exports?
Answer the following questions for the U.S. and Russia: Does the government provide national healthcare? What...
Answer the following questions for the U.S. and Russia: Does the government provide national healthcare? What is the overall quality of healthcare in the country? How is healthcare paid for? Does the government actively impose price controls (price ceilings and floors)?
Answer the following questions for the U.S. and Russia: What is the future 5-15 year economic...
Answer the following questions for the U.S. and Russia: What is the future 5-15 year economic outlook for each country? What are your policy recommendations for improving each economy and helping promote long-run economic growth?
Answer the following questions for the U.S. and Russia: How corrupt are the local, regional, and...
Answer the following questions for the U.S. and Russia: How corrupt are the local, regional, and national governments?
Answer the following questions for the U.S. and Russia: Are there specific industries, or individual firms,...
Answer the following questions for the U.S. and Russia: Are there specific industries, or individual firms, that the government protects with restrictive trade policies? Are there special taxes (or subsidies) on foreign investment?
Answer the following questions for the U.S. and Russia: Does the country have a trade embargo...
Answer the following questions for the U.S. and Russia: Does the country have a trade embargo on any countries? If so, why? Are there tariffs, quotas, voluntary export restraints (VER), and other types of trade restrictions on certain goods and services?
Answer the following questions for the U.S. and Russia: Does the country have a central banking...
Answer the following questions for the U.S. and Russia: Does the country have a central banking system? Does it do a good job? How is the country’s stock exchange performing?
Answer the following questions for the U.S. and Russia: Is the economy more capitalistic, more centrally...
Answer the following questions for the U.S. and Russia: Is the economy more capitalistic, more centrally planned, or in between? What have been the economic conditions in the last 5-20 years? What has been the inflation rate, unemployment rate, GDP growth rate?
Answer the following questions for the U.S. and Russia: Discuss any important historic events that lead...
Answer the following questions for the U.S. and Russia: Discuss any important historic events that lead the country’s economy to where it is today. Was the country a colony as some point? Did this play a role in its economic development?
Answer the following two questions: What are the major risk factors for cardiovascular disease that you...
Answer the following two questions: What are the major risk factors for cardiovascular disease that you have control over? How many of these risk factors are the same for cancer? Please explain both questions
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT