How important is international trade to the united states


Problem

1. Quantitatively, how important is international trade to the United States relative to other nations?

2. Distinguish among land-, labor-, and capital-intensive commodities, citing one nontextbook example of each. What role do these distinctions play in explaining international trade? What role do distinctive products, unrelated to cost advantages, play in international trade?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How important is international trade to the united states
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