National economies can benefit from trade. However, being too dependent on imports can lead to a trade imbalance, creating both problems and opportunities for international businesses.
Review "China Helps Prop Up the Global Economy". The U.S. imports more from China than it exports to China.
- How has this imbalance of trade impacted the economy of China?
- How has it impacted the U.S. economy?
- Should the U.S. try to balance its trade with China so that we only import from that country as much as we export to it?