The Whole Picture - Global Economics

Using the U.S Census website, choose two countries with which the U.S. trades. Answer the questions below based on the two countries that you selected.
- Why do these countries trade?
- What does each country get from trading with one another?
- What are the current exchange rates for each country?
- Provide at least one example of what one of the products would cost when trading.
- Can you provide examples of comparative advantages that each country has in producing specific products?
- Does the United States have a trade deficit or trade surplus with these countries?
Once you have completed your responses to the questions above, submit your assignment to the dropbox.