Knowledge about International Trade
Not what you're looking for?
Describe how international trade affects the U.S. economy. Please provide references.
Purchase this Solution
Solution Summary
International trade effects are highlighted in the solution.
Solution Preview
International trade represents a significant share of GDP in U.S like in the other countries and helps U.S to specialize in the goods and services it produces best and most efficiently. The willingness to trade is an essential source of prosperity. An important portion of international trade in U.S is conducted by multinational firms. Today many of these U.S firms are specialized in the manufacture and export of sophisticated capital goods and scientific equipment. Besides high-tech companies, including software developers and online service providers, are world leaders in their fields. Movie and ...
Education
- BSc, Dokuz Eylul University
- MBA, Texas A&M University-Kingsville
Recent Feedback
- "Thanks"
- "Thanks"
- "This is a great help...Thank you"
- "Thanks for the advice!"
- "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.