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United States

The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $46,900. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II.
Economy of United States
Currency United States Dollar
Fiscal Year 01 January - 31 December
GDP (PPP) $14.26 trillion (2009 est.)
GDP (per capita) $46,400 (2009 est.)
Exports $994.7 billion (2009 est.)
Imports $1.445 trillion (2009 est.)
Main Industries Leading Industrial Power In The World, Highly Diversified and Technologically Advanced; Petroleum, Steel, Motor Vehicles, Aerospace, Telecommunications, Chemicals, Electronics, Food Processing, Consumer Goods, Lumber, Mining
Exports - Commodities Agricultural Products (Soybeans, Fruit, Corn) 9.2%, Industrial Supplies (Organic Chemicals) 26.8%, Capital Goods (Transistors, Aircraft, Motor Vehicle Parts, Computers, Telecommunications Equipment) 49.0%, Consumer Goods (Automobiles, Medicines) 15.0%
Imports - Commodities Agricultural Products 4.9%, Industrial Supplies 32.9% (Crude Oil 8.2%), Capital Goods 30.4% (Computers, Telecommunications Equipment, Motor Vehicle Parts, Office Machines, Electric Power Machinery), Consumer Goods 31.8% (Automobiles, Clothing, Medicines, Furniture, Toys)
Exports Partners Canada 20.1%, Mexico 11.7%, China 5.5%, Japan 5.1%, Germany 4.2%, UK 4.1% (2008)
Imports Partners China 16.4%, Canada 15.7%, Mexico 10.1%, Japan 6.6%, Germany 4.6% (2008)