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.
1 answer
The best statement that summarizes the information on the chart is:
Over the 20 years shown, NAFTA greatly increased trade.
This choice reflects the overall trend of increasing exports and imports over the years, indicating a significant growth in trade relations due to NAFTA, which was implemented in 1994. The other statements either misrepresent the trade balances or do not adequately capture the overall trend observed in the data.
