If you were to log onto www.census.gov and click on "Foreign Trade," then click on "Statistics,"...
If you were to log onto www.census.gov and click on "Foreign Trade," then click on "Statistics," and finally on "State Export Data," you will find a list of the products produced in your state, which are exported around the world. You discover that Ohio exports more to Canada and Mexico than all other countries combined. Is this factsurprising?
A.
No, because of NAFTA, you would expect the export of goods to Canada and Mexico to be substantial.
B.
Yes, because NAFTA is widely regarded as a failure, you wouldn't expect the countries in the agreement to trade much with each other.
C.
Yes, Ohio's exports should be as diverse as that state's economy.
D.
No, Canada is so close to Ohio that transportation costs must be very low.
Homework Answers
Option A is correct.
Ohio exports more to Canada and Mexico Than other countries because of implementation of NAFTA in 1944 trilateral agreement between U.S, Canada and Mexico.
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If you were to log onto www.census.gov and click on "Foreign
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