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In chapter 3, we talk about international business. One of

November 5, 2021

In chapter 3, we talk about international business. One of the terms that is mentioned is the balance of trade. In the US, we have a negative balance of trade, which means we import more items than we export. Is this a bad thing, in other words, is it truly a negative thing? Do you ever see a point where the US could achieve a positive balance of trade?? If so, under what circumstances??? Give some thought and possible scenarios. I do not want you to just say no!

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