In the mid 1990s countries of the world exported $6.5 trillion dollars worth of goods and services. How large were total world imports of goods and services during this period? Explain your answer

For the world as a whole, imports have to equal exports. Because we ship no goods and services to other planets, all trade takes place between countries on earth. One country's exports are another country's imports. This reciprocity in trade reminds us that all countries gain from trade, but not necessarily in equal amounts.