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Benefits of a trade deficit and a trade surplus

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What are some of the technological advances in telecommunications and transportation that have impacted global business in the last decade and what are their impact?

Also, what are the benefits of a trade deficit and a trade surplus? What are the implications of each?

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This discusses the benefits of a trade deficit and a trade surplus

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What are some of the technological advances in telecommunications and transportation that have impacted global business in the last decade and what are their impact?
At the dawn of the new millennium, if we look back at the last century, we will realize the changes the world has seen. And even the changes are becoming rapid. The main reason of changes is technological innovation. The ever-changing technology has affected our personal lives as well like it has affected all other walks of life. For example latest technologies like internet, extranet, hand held devices is benefiting the business very much.
Also, what are the benefits of a trade deficit and a trade surplus? What ...

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