Read the introductory section and the sections on "Export Growth" and "Imports" of the "1996 Annual Report of the President of the United States on the Trade Agreements Program."

Questions

1. Did imports and exports grow faster or slower than U.S. GDP during the period from 1970 to 1996?
2. What are the reasons given for the expansion in exports during the 1992-1996 time period?
3. Why were imports growing during the period between 1992 and 1996?
4. How might the widespread use of the internet affect international trade?