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Video 5 - International Trade
Xtek, Inc.
Xtek, Inc. is a Cincinnati-based manufacturer
of capital goods for the steel and aluminum industries.
Products it produces include large rollers, gears, pinions
and track wheels. Once primarily a supplier to domestic
companies, Xtek now sells its products to companies in more
than 30 different countries.
For this video, we'll go inside Xtek
and look at international trade - the company's sale of
products to Brazil. As shown in the video, Xtek and other
U.S. companies have a comparative advantage in the production
of machinery, while Brazil's advantage lies in the production
of goods such as orange juice, leather shoes and steel.
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