The united states has absolute advantage over many


The United States has absolute advantage over many countries in production of most goods and services. Yet, the country is running the record trade deficit year after year. The current trade deficit is about six percent of the country's GDP. Is it a problem? Why or why not?

Solution Preview :

Prepared by a verified Expert
Business Management: The united states has absolute advantage over many
Reference No:- TGS01382619

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)