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Does the U.S. have any trade agreements with India? If so, provide the name and date the agreements were signed.

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Does the U.S. have any trade agreements with India? If so, provide the name and date the agreements were signed.

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Yes, the United States has a trade agreement with India. The agreement is called the United States-India Trade and Investment Framework Agreement (TIFA). It was signed on December 2, 1999, and serves as a platform for the United States and India to discuss and resolve trade and investment issues.

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Does the U.S. have any trade agreements with these countries? If so, provide the name and date the agreements were signed.

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Does the U.S. have any trade agreements with these countries? If so, provide the name and date the agreements were signed.

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Yes, the United States has a trade agreement with Japan. The agreement is called the U.S.-Japan Trade Agreement and was signed on October 7, 2019. The agreement aims to promote mutually beneficial trade between the two countries by addressing various areas such as agriculture, industrial goods, and digital trade.

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What has been the trend in the balance of trade with each country in the past 5 years? (ex. Increasing trade deficit, surplus to deficit, increasing surplus, etc.)

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What has been the trend in the balance of trade with each country in the past 5 years? (ex. Increasing trade deficit, surplus to deficit, increasing surplus, etc.)

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The trend in the balance of trade with Japan has been somewhat of a deficit to a surplus in the past 5 years. It is still a deficit however less of a deficit.

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What has been the trend in the balance of trade with each country in the past 5 years? (ex. Increasing trade deficit, surplus to deficit, increasing surplus, etc.)

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What has been the trend in the balance of trade with each country in the past 5 years? (ex. Increasing trade deficit, surplus to deficit, increasing surplus, etc.)

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It has been a trade deficit in the past 5 years due to India exporting more goods than the United States.

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Does the United States have a trade deficit or trade surplus with Japan? Why do you think that is?

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Does the United States have a trade deficit or trade surplus with Japan? Why do you think that is?

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The United States has had a trade deficit with Japan for several years. The United States has historically imported more goods from Japan than it exports to Japan, resulting in a trade deficit.

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Does the United States have a trade deficit or trade surplus with these countries? Why do you think that is?

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Does the United States have a trade deficit or trade surplus with these countries? Why do you think that is?

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As of 2021, the United States has had a trade deficit with India. A trade deficit occurs when a country's imports from another country exceed its exports to that country.

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Can you provide examples of comparative advantages that each country has in producing specific products?

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Can you provide examples of comparative advantages that each country has in producing specific products?

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Japan has a comparative advantage in producing cars because it has a lower opportunity cost in terms of grain given up. The United States has an advantage in producing grain, since it has a lower opportunity cost in terms of cars given up.

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Can you provide examples of comparative advantages that each country has in producing specific products?

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Can you provide examples of comparative advantages that each country has in producing specific products?

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India has a comparative advantage in sectors, such as telecommunications, computer, and information services and other business services.

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Does the U.S. trade any services with each country?

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Does the U.S. trade any services with each country?

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Yes, the United States engages in a significant trade of services with Japan. Services trade between the two countries encompasses financial services, professional services, telecommunications, information technology, travel and tourism.

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Does the U.S. trade any services with each country?

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Does the U.S. trade any services with each country?

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Yes, the United States engages in trade of services with India. The United States and India have a significant bilateral trade relationship in services, with exchanges in areas like software development, IT services, business process outsourcing, and professional services.

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What are the top 3 things that the U.S. exports to each country?

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What are the top 3 things that the U.S. exports to each country?

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1. Machinery
2. Aircraft & Aircraft Parts
3. Mineral Fuels & Oil

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What are the top 3 things that the U.S. imports from each country?

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What are the top 3 things that the U.S. imports from each country?

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1. Vehicles
2. Machinery
3. Optical & Medical Instruments

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What are the top 3 things that the U.S. imports from each country?

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What are the top 3 things that the U.S. imports from each country?

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1. Pharmaceuticals
2. Stones & Metals
3. Machinery

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What are the top 3 things that the U.S. exports to each country?

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What are the top 3 things that the U.S. exports to each country?

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1. Stones & Metals (Diamonds, Gold, Silver)
2. Machinery
3. Mineral Fuel & Oil

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What are the current exchange rates for each country?

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What are the current exchange rates for each country?

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1 US Dollar= 144.23 Japanese Yen

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What are the current exchange rates for each country?

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What are the current exchange rates for each country?

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1 US Dollar= 82.02 Indian Rupee