Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 234 Weeks Ago, 5 Days Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Take a closer look at our local economy and pick a good or a service that you believe America has a comparative advantage in producing. Discuss the factors that you believe give America such advantage. In other words, why do we trade X commodity and not Y commodity?Â
Also, what are the benefits (or harms) of trade surplus (exporting more than importing) to the local economy? Is there a link between economic growth (increase in output level or GDP) and trade? If so, how?Â
-----------