Question: Description Please answer the following questions in complete and grammatically correct sentences (typewritten-double- spaced): 1. Define the term Balance of Trade. 2. What is Outsourcing

Description Please answer the following questions in complete and grammatically correct sentences (typewritten-double- spaced): 1. Define the term "Balance of Trade". 2. What is "Outsourcing" and give an example in the US Economy. 3. Define Globalization and give three examples of major companies that are involved in Globalization

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