What percentage of US GDP do exports of goods and services represent?

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The answer indicating that exports of goods and services represent 12-13% of US GDP is correct due to the significant role that international trade plays in the American economy. In the 21st century, the United States has increasingly relied on global markets for growth, with exports promoting growth in various sectors, including agriculture, manufacturing, and services.

This percentage reflects the combined value of all products and services sold to foreign markets, highlighting how integrated the US economy is with the rest of the world. Understanding this percentage is essential for comprehending the importance of trade policies and international relations, as fluctuations in exports can significantly impact the overall economy. Acknowledging this range also emphasizes the depth of economic interdependence in the global marketplace, shaping both domestic policymaking and international trade agreements.

The other percentages provided do not fit the current data trends, as they either overestimate or underestimate the current significance of exports in the overall GDP of the United States.

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