Question
During these difficult financial times, the concerns for US jobs shipped overseas and the closings of US industries make national news.The huge (over $800B) trade
During these difficult financial times, the concerns for US jobs shipped overseas and the closings of US industries make national news.The huge (over $800B) trade surplus that China and other countries have with the US is a concern as US industries can't survive, file bankruptcy and are sold.Historically, some Pacific Rim countries have not recognized US copyrights, patents, or trademarks, although this has changed somewhat.More recently, business interests from China are acquiring US companies in the US. Based on what you have read in Chapter 7, what intellectual property protections do US businesses have when dealing with other governments in international commerce and what should be the role of the US government or world trade organizations?
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