Based on what we have learned and read thus far, do you think the United States' is competitive in the global market? Explain your answer in terms of the US's resources and capabilities, and the informal and formal institutions present in the country.
United states Is competitive in global market...
Yes US is competitive in the global market due to its high end
technology and strong US currency being the world's reserve
exchange rate. Moreover, US economy is the largest in world which
determines the course of growth in form of demand for goods and
services. They are pretty competitive because of technology as well
as huge capital, but now somwhow they have been facing tough
conditions due to Chinese production which is reducing
manufacturing in US.
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