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Focus on Economic Data: United States International Trade in Goods and Services - December 23, 2003
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Real gross domestic product (GDP) during the third quarter (July through September) of 2003 increased at an annual rate of 8.2 percent.
Grades:
Concepts:
- Exchange Rate
- Exports
- Imports
Standards:
- Economics 1: Scarcity
- Economics 5: Gain from Trade
- Economics 6: Specialization and Trade
- Economics 9: Role of Competition
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
Related Resources:
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