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ECN 220 Grand Canyon Week 7 Discussions

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ECN 220 Grand Canyon Week 7 Discussions

ECN220

ECN 220 Grand Canyon Week 7 Discussion 1

Why would a country such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?

 

ECN 220 Grand Canyon Week 7 Discussion 2

Is a country with a trade surplus better off or worse off than a country with a trade deficit? Provide your rationale.