QUESTION IMAGE
Question
us trade with mexico
which statement does the information presented in the graph support?
in 2020, the united states exported more goods to mexico than it imported.
as a result of trade agreements, us imports from mexico declined from 2015 to 2020.
trade agreements have boosted the us economy at the expense of mexicos.
us trade with mexico increased following the adoption of trade agreements.
Brief Explanations
- For the first option: In 2020, US imports from Mexico (dark blue bar) are clearly higher than US exports to Mexico (orange bar), so this is false.
- For the second option: US imports from Mexico rose from 2015 to 2020, they did not decline, so this is false.
- For the third option: The graph only shows the value of US-Mexico trade flows, it provides no data on the economic impact to either country, so this cannot be supported.
- For the fourth option: From 1985 to 2020, both US imports from and exports to Mexico show a strong overall upward trend. This aligns with the timeline of major trade agreements (like NAFTA implemented in 1994) between the two countries, so this statement is supported by the graph.
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D. US trade with Mexico increased following the adoption of trade agreements.