U.S. Trade Data From the Term Paper

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The goods deficit with the European Union increased from $6.4 billion in September to $11.9 billion in October; the goods deficit with Japan increased from $6.2 billion in September to $8.0 billion in October; and the goods deficit with China increased from $23.8 billion in September to $25.9 billion in October.

Which product groups had the largest increases in exports?

The September to October export of goods increase resulted from increases in capital goods ($1.3 billion) and other goods ($0.7 billion). The September to October change in exports of services resulted from increases in other private services ($0.2 billion), which includes items such as business, professional, and technical services, insurance services, and financial services; travel ($0.1 billion), and other transportation ($0.

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1 billion), which includes freight and port services.

Which had the largest increases in imports?

The September to October increased in imports of goods resulted from increases in industrial supplies and materials ($1.9 billion); consumer goods ($0.4 billion); and automotive vehicles, parts, and engines ($0.1 billion). The September to October change in imports of services resulted from an increase in….....

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