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content area top Part 1 Read Eye on Globalization in the eText or click the icon LOADING... to open a copy. Now use the news

content area top Part 1 Read Eye on Globalization in the eText or click the icon LOADING... to open a copy. Now use the news to work the exercise: The future of U.S.- India relations As Secretary of State, Hillary Clinton gave a speech covering all the issues in U.S.-India relations. On economic and trade relations, she noted that India maintains barriers to U.S. trade. The United States also maintains barriers against Indian imports such as textiles. Source: www.state.gov If the United States has a comparative advantage in aircraft manufacture and India has a comparative advantage in producing textiles, who in the United States would gain and who might lose from dismantling trade barriers between the United States and India

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