Solution-Countries in production of most goods and services

Countries in production of most goods and services

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Reference no: EM131036715

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?

Reference no: EM131036715

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Countries in production of most goods and services : 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.

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Countries in production of most goods and services

Reference no: EM131036715

Reference no: EM131036715

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