The following table shows imports and exports of goods during 2013 for the United States: What, if

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The following table shows imports and exports of goods during 2013 for the United States:

Exports Imports 2,294.6 14.1 93.7 272.8 308.8 115.1 1,592.0 53.7 6.9 4.9 152.6 136.2 Total Civilian aircraft Apparel, ho


What, if anything, can you conclude about the comparative advantage that the United States has relative to its trading partners in the production of goods? What stories can you tell about the wide disparities in apparel and aircraft?

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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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