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If the spending power of NAFTA consumers increased to $7.5 trillion and the NAFTA share changed to 17.5% of all combined spending power of NAFTA and the European Union, what is the increased spending power of the EU? Round to the nearest tenth of a trillion dollars.

 May 19, 2019
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Let the combined spending power of NAFTA and EU = N. Then:
0.175*N =$7.5 trillion
N =$7.5 / 0.175 = $42.86 trillion dollars -combined spending power of NAFTA and EU.
$42.86 - $7.5 =$35.36 - trillion dollars -  increased spending power of EU.

 May 19, 2019

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