Ships and planes
Not even remotely. We rely on many other countries to send us goods.
exports
Exports
Increased unemployment in the United States
sengal country
The top three countries that the US exports its goods to are Canada, Mexico, and China.
An increase in nominal GDP impacts the demand for money in different ways. It causes the need for money to increase as more US products are sold to different countries, the US dollar value increases on importing goods from other countries. More money is needed in circulation because more goods can be bought with the US dollar from other countries as it has more value than the currency of other countries in which we are importing from.
Yes, the Panama Canal was a big trade route for many goods. The US exports and imports lots of goods with countries like China, India, Europe and others. The Panama Canal also makes the transportation between countries quicker and safer.
You will hear both sides of the argument. People will say yes we should stop buying goods from other countries because we need to bring jobs back home and create our own products. Others will say no we shouldn't stop buying goods from other countries because we can save tons of money by using cheap labor from underdeveloped countries; it will be too expensive to make products in our own country compared to these countries we currently use laborers from.
these are called exports. imports are the ones that other countries sell and that we buy
the other countries owe weapons from the US
Yes, its one of many Countries it trades with.