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Trade and Comparative Advantage. Which country was the biggest trading partner for the U.S. in 2006. (measured in $ worth of imports). A) Canada B) China Mexico Japan Germany. Which country was the biggest trading partner for the U.S. in 2006. (in $ worth of US imports). A) Canada
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Which country was the biggest trading partner for the U.S. in 2006. (measured in $ worth of imports) A) Canada B) China • Mexico • Japan • Germany
Which country was the biggest trading partner for the U.S. in 2006. (in $ worth of US imports) A) Canada B) China • Mexico • Japan • Germany
In order. A) Canada 303 198 B) China 287 52 • Mexico 197 115 • Japan 148 56 • Germany 88 37 US Imports $billion US Exports $billion
If Al is more skilled than Bob at all activities, then any trade between Al and Bob that is good for Bob must be bad for Al. • True • False