This essay focuses on the U.S. economy. These papers may be formatted using t he APA, MLA, or Chicago School of Economics writing styles. Citations are expected, and major point deduct ion s will occur if no citations are provided.
Explain, in your opinion, why the U.S. economy
styles.
Firstly, Citations are expect, and major point deduct ion s will occur if no citations are provide.
Also, graphics (tables, charts) to help support the narrative are expect for the term papers.
Secondly, A minimum of three (3) sources per paper are expect.
Thirdly, These papers may be format using t he APA, MLA, or Chicago School of Economics writing styles.
In addition, Citations are expect, and major point deduct ion s will occur if no citations are provide.
Also, graphics (tables, charts) to help support the narrative are expect for the term papers.
Further, A minimum of three (3) sources per paper are expect.
The economy of the United States is that of a highly developed country with a mixed economy.[32][33]
It is the world’s largest economy by nominal GDP and net wealth and the second-largest by purchasing power parity (PPP).[34]
It has the world’s fifth-high per capita GDP (nominal) and the seventh-high per capita GDP (PPP) in 2020.
[35] The United States has the most technologically powerful economy in the world
and its firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment.[36]
The U.S. dollar is the currency most use in international transactions
and is the world’s foremost reserve currency, back by its economy,
its military, the petrodollar system and its link eurodollar and large U.S. treasuries market.[37][38]
Several countries use it as their official currency and in others it is the de facto currency.[39][40]
The largest U.S. trading partners are China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom, France, India, and Taiwan.[41]
The U.S. is the world’s largest importer and the second-largest exporter.[42]
It has free trade agreements with several nations, including the USMCA, Australia, South Korea, Israel,
and few others that are in effect or under negotiation.