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The United States of America (USA) is home to three (3) of the world's largest corporations (Walmart, Exxon-Mobil, and Apple). Collectively, those organizations generate approximately $1.0 Trillion in revenue each year. They enjoy this revenue because they have successfully employed one or more of the following International Business methods: constructed facilities, exported, formed joint ventures, permitted licensing, or established strategic alliances.
1. Why have they achieved such success?
2. What is their economic outlook if Tariffs or non-tariff barriers change? Explain in detail.
3. Should the USA establish more Agreements like the USMCA ( US-Mexico- Canada)? To whom and why?
4. What are the potential benefits of these Agreements?
5. What position should the USA take regarding trade with China? Be specific and explain the potential outcomes of your suggestions.
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