The following two websites provide information on the United States’ top ten exports and top ten imports:

http://www.worldstopexports.com/united-states-top-10-exports/

http://www.worldstopexports.com/united-states-top-10-imports/

Requirements:

a. Examine each website carefully and compare and contrast the exports and imports to deduce conclusions on the United States’ areas of comparative advantage and disadvantage.

b. Which generalized products are our country’s principal exports?

c. Which generalize products are our country’s principal imports?

d. What is the latest trade surplus/trade deficit numbers?