The following paper will explore a U.S. product or service that is extensively traded internationally. The paper will analyze whether the product has a comparative advantage and why. The paper will also assess what trade barriers exist and why, and the impact that the trade barriers have on the product. Further analysis will be conducted as to the percentage of U.S. trade that is involved in the product or service; and the United States’ current account surplus or deficit in the produce or service.
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