Describe the four major economic flows that link the United States with other nations and provide a specific example to illustrate each flow.© BrainMass Inc. brainmass.com October 10, 2019, 4:05 am ad1c9bdddf
The US is intertwined with other economies through goods and service flows (trade flows), capital and labor flows (resource flows), information and technology flows, and financial flows. Each of these flows is described below:
1. The flows of goods and services (trade flows):
The United States exports goods and services to other nations and imports goods and services from other nations. The goods that the US exports to other nations include: chemicals, consumer durables, semiconductors, computers, automobiles, medical, aircraft and other goods ...
This solution describes the four major economic flows that link the USA with other nations.