CHAPTER 1

International Connectedness

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“The International Dream”

As the largest importer in the world, the United States obtains about 13 percent of global goods and services from other countries—diverse as China, Canada, and Mexico. The United States tends to buy more than it sells. Americans have access to worldwide products and none has to go overseas to get it. But does this mean they have access to everything? And if not, what new inventions and innovations is the United States missing out on?

While everyone talks about exports, we focus on the so often maligned imports. Exports make imports possible, which enhances selection, competition, ...

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