9第9章应用：国际贸易(曼昆经济学原理微观)解析.ppt

* Students may not be aware of the economic importance of soybeans. In fact, soybeans are big business in the U.S. In 2010, U.S. farmers produced 3.3 billion bushels of soybeans. The average price was $11.70/bushel, for a total of $39 billion. Soybeans provided 68% of the edible consumption of fats and oils in the U.S. The U.S. exported $23 billion worth of soybeans, which equals 44% of international trade in soybeans. The biggest purchasers of U.S. soybeans are: China ($10.8 billion), Mexico ($1.5 billion), Japan ($1.1 billion), and Indonesia ($806 million). Source: American Soyb