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Author Question: Protectionism tends to be concentrated in two sectors A) agriculture and clothing. B) high-tech ... (Read 135 times)

altibaby

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on: Jun 30, 2018
Protectionism tends to be concentrated in two sectors
 
  A) agriculture and clothing.
  B) high-tech and national security sensitive industries.
  C) capital and skill intensive industries.
  D) industries concentrated in the South and in the Midwest of the country.
  E) financial services and manufacturing based in the Midwest.

Question 2

What is the difference between Chinese and Indian trade in services?
 
  What will be an ideal response?


aloop

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

While China exports more services in total, it has a trade deficit in services and is primarily made up of transportation and travel services. India has a trade surplus in services, which primarily comprise information services and other business services, and this area is growing rapidly for India.


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