U.S. Department of Commerce and US Trade
Review the U.S. Department of Commerces Website, located at http://www.commerce.gov/, and research data on the U.S. trade with China, industrial and environmental policies, emerging markets economic power, and trade regulations. The paper should cover the following : – Analyze the United States rationale for trading with China using the comparative advantage theory. – Describe how industrial policy could create a comparative advantage. Provide one (1) example of industrial policy, creating a comparative advantage to support your response. – Identify and analyze two (2) threats posed by developing countries to the developed nations and recommend remedies. Use at least two (3) quality peer-reviewed resources in this assignment.