Some economic questions...?

Question

What is the balance of trade as to imports and exports?

Which US company exports the most products?

What is the importance of international trade to a country's economy.

Advantages of owning an international business?

Answer 1

♦ Balance f trade is usually calculated as following: Exports-Imports;

♦ I think Microsoft can have relatively big share, check local statistics for more details

♦ It allows to benefit from specialization and comparative advantage.

♦ Bigger markets and economies of scale.