| Economics question?
Peter Pundit, an economics reporter, states that the European
Union (EU) is increasing its productivity very rapidly in all
industries. He claims that this productivity advance is so
rapid that output from the EU in these industries will soon
exceed that of the United States and, as a result, the United
States will no longer benefit from trade with the EU.
now If the EU and the United States continue to trade, what
do you think will characterize the goods that the EU
exports to the United States and the goods that the
United States exports to the EU? |