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Essay / Research Paper Abstract
This 5 page paper looks at trading patterns. U.S. trading partners are discussed. Specific information about NAFTA, and the trade history between China and the United States, is also relayed. Bibliography lists 8 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA335trd.rtf
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Unformatted sample text from the term paper:
the U.S. have been criticized. Certainly, trading activity is controversial as nations are seen as either good or evil to an extent. For example, each year when China seeks MFN
status, a controversy erupts over the general human rights violations that have been encountered by the nation. In additional to political problems, trading patterns provide a direct effect on the
economy. Economist Stephen Roach says that, for example, "the dollars persistent weakness reflects a misperception that Americas recently bulbous trade deficit is permanent" (Alley, 1994, p.32). Rather, this experts thinks
that the "deterioration of the trade deficit just reflected a global business cycle that turned against U.S. trade patterns" (1994, p.32). In effect, trading patterns do tell an important story
and any deviation from the general pattern can wreak havoc in a variety of ways. Further, there is an economic strength that is within the U.S. and also, it should
be noted that the economies of U.S. trading partners have been showing up in places like Europe (1994). Hence, there is a sort of different kind of competitiveness that the
U.S. has recently embraced (1994). This new sense of competition tends to be a "low-cost producer" however but it does perhaps signify a comeback (1994). The economist does think
there will be gains in terms of the worth of the dollar in the near future (1994). Although written almost a decade ago, the authors insights are pertinent when discussing
trading patterns over time. In this sense, the idea of fluctuating currency problems in the U.S. is significant. It is important to note that currency concerns are legitimate in this
area. The impact of trading strategy does change the currency to a large extent. In todays global economy in fact, trade is an important part of the picture. While that
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