Question

 The chart is titled U.S. Trade with Canada and Mexico, 1993-2013. Along the vertical axis, the chart is labeled Values of trade (in billions of dollars). The values start at zero and go up to 700 in hundreds. The horizontal axis is labeled Year. The first year is 1993 and the last is 2013. There are two bars for each year: Exports (in blue) and Imports (in purple). The values in billions for each year are as follows (note that all values are approximate, as the chart does not denote exact values: 1993: Exports 150, Imports 160 1995: Exports 170, Imports 200 1997: Exports 210, Imports 230 1999: Exports 250, Imports 300 2001: Exports 275, Imports 350 2003: Exports 275, Imports 360 2005: Exports 320, Imports 460 2007: Exports 390, Imports 520 2009: Exports 320, Imports 400 2011: Exports 480, Imports 580 2013: Exports 520, Imports 610 Question Use the chart to answer the question. Which statement best summarizes the information on this chart? (1 point) Responses Canada and Mexico imported more from the U.S. than they exported. Canada and Mexico imported more from the U.S. than they exported. Over the 20 years shown, NAFTA greatly increased trade. Over the 20 years shown, NAFTA greatly increased trade. The United States exported more to Canada and Mexico than it imported. The United States exported more to Canada and Mexico than it imported. The trade levels varied up and down over the 20 years shown.

Answer 1

The statement that best summarizes the information on the chart is: **Over the 20 years shown, NAFTA greatly increased trade.**

This is because the data indicates a general upward trend in both exports and imports from 1993 to 2013, suggesting that trade between the U.S., Canada, and Mexico increased significantly over this period, which aligns with the era of NAFTA (North American Free Trade Agreement).