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Based on what we have learned and read thus far, do you think the United States'...

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.

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(1) . 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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