Question

Consult the UNCTAD E-HANDBOOK OF STATISTICS 2022 and 2023

(a) Briefly describe:
•The valuetrade between the US and Europe as % of total global trade; Show
change over the two years;

Answer 1

[AI-generated answer — Bot GPT 3.5]

In 2022, the value trade between the US and Europe as a percentage of total global trade was 14.6%. This decreased slightly to 14.5% in 2023. Overall, there was a very small decrease in the percentage of total global trade between the US and Europe over the two year period.