In what area does the U.S. have comparative advantages?

Question

In other words, what goods and services does the U.S. export to other countries? What to do comparative advantages say about the distinctive competencies of the United States?

Answer 1

Commodities like capital goods, automobiles, industrial supplies and raw materials, consumer goods, agricultural products.

Answer 2

High tech -- computers, aerospace, avionics, advanced military hardware, communications technology (e.g, fiberoptics telephony)

Financial services. Devising new products like interest rate swaps, hedge funds, mortgage bonds, etc.

U.S. has moved (or been pushed out of) manufacturing, e.g., textiles, steel, automobiles

US universities are the best in the world, which is why a big % of the students in the best programs are from abroad. Our high schools stink. Our working class is going down in flames while those fortunate enough to get the right education and right jobs do real well.

Answer 3

Financial and business services, agricultural products, transistors, aircraft and organic chemicals. For goods, trade gos both ways for for many things but not with the same countries. see lists

Goods exports
Agricultural products (soybeans, fruit, corn) 9.2%
Industrial supplies (organic chemicals) 26.8%,
Capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%,
Consumer goods (automobiles, medicines) 15.0%

Goods imports
Agricultural products 4.9%,
Industrial supplies 32.9% (crude oil 8.2%),
Capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery),
Consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)