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05.25.2013
Balance of Trade
Trade between the United States and China is causing friction as the balance of trade tilts more and more in China's favor.
Questions:
- Define the term 'balance of trade.'
- Why do you think it is important for U.S. companies, who want to trade with China, to understand the Chinese culture and how its government operates? What aspects of your culture play into the products you buy?
- What lessons did the Kanawha company have to learn about different aspects of China before it could set up its business there?
Tools:
- Transcript
- Balance of Trade (Language Arts; Economics)
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