Country such as the United States

 

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Country such as the United States

ECN 220 Week 7 Discussion 1

Country such as the United States.  Why would a country such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?

ECN 220 Week 7 Discussion 2

Is a country with a trade surplus better off or worse off than a country with a trade deficit? Provide your rationale.

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