Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

If the EU and the United States continue to trade, what do you think will characterize the goods that the EU sells to the United States and the goods that the United States sells to the EU?

Sagot :

michell96

Generally, the exchange of goods and services occurs to supply a high demand. Therefore, the USA and the EU would negotiate with products that each one lacks.

What is international trade?

International trade is a term to refer to the economic process by which two or more countries sell and buy products from another country.

In the case of trade between the USA and the EU, it can be inferred that the products they negotiate are products that they cannot supply autonomously and therefore they must buy them in the foreign market. For example, if the United States has a great strength in the textile industry, it is likely that much of its textiles are traded with the EU States.

On the other hand, if the EU has a strong medical and scientific development industry, it is likely that it will trade these goods with the United States in order to maintain an active and stable trade relationship.

Learn more about business relationship in: https://brainly.com/question/15175945

#SPJ1

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.