1. How is international trade regulated?

1. How is international trade regulated? Log on to www.wto.org and click the “Trade Topics” tab to learn about the scope of trade agreements and trade controversies. What is involved in “trade agreements”?

2. Log on to www.bea.gov and view the “International” tab, then “Trade in Goods and Services.” What is the current balance of trade for the United States? Has this balance been increasing or decreasing? Based on the current economic conditions, how do you thing this balance will move in the near future, and why?

Your final product will be a paper that:

 Addresses each of the four questions above in total.

The requirements for your assignment are:

1. Answer each question fully

2. Define the overall subject of each question.

3. Cite at least three (3) resources from this week’s materials.