Respuesta :
When the united states' foreign trading partners experience higher incomes, it benefits the u.s. by increasing U.S. GDP.
What is GDP?
Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complexity and subjectivity, this metric is frequently changed before being regarded a credible indication.
As a result, GDP is defined as GDP = Consumption + Investment + Government Spending + Net Exports, or more succinctly as GDP = C + I + G + NX. Whereas consumption (C) relates to household and nonprofit organization private consumption expenditures, investment (I) refers to corporate spending.
Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
To know more about GDP from the given link:
https://brainly.com/question/1383956
#SPJ4
