Increase in trade deficit for the united states

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Reference no: EM13921484 , Length: 850 Words

1. The bilateral agreement has enabled China and South Korea an increase in trade and an increase in trade deficit for the United States; what are the advantages and disadvantages for the United States to continue these relationships with the bi-lateral agreements?

2. With regards to the various agreements/treaties discussed, EU, WTO, NAFTA, CARICOM, APEC, MERCOSUR and ASEAN:

-  Need to discuss any pending applications, candidate countries, or associate members.

-  What are the advantages/implications for trade within the trading group and for the United States?

-  Determine the GDP and GNP of those pending countries.

-  Based upon your assessment, do

Text Book

Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2015). International business: Environments and operations (15th ed.). Upper Saddle River, NJ: Pearson Education.

Reference no: EM13921484

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