240 tons of fish and 20 tons of chips. It will decrease. It will increase. It will be unchanged . Not enough information is given to tell.
International trade occurs because of specialization in production.
U.S. exports and imports are smaller absolutely, but larger as a percentage of GDP, than those of other nations. A number of other nations have exports and imports which are absolutely larger than those of the United States. U.S. exports and imports are absolutely larger than those of any other nation, but the exports and imports of many other nations are a larger percentage of their GDPs. U.S. exports and imports are larger absolutely and as a percentage of GDP than those of any other nation. Suppose the United States eliminates tariffs on German ten-speed bicycles.