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Service Companies Should Go Global – Some Urge U.S. to Focus on Selling Its Skills Overseas

April 12, 2012 /

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In the drive to double America’s exports, Washington has been focusing on manufacturers. But that may be the wrong target.

With an educated work force, a culture of innovation and strong capital markets, the United States has a larger comparative advantage in high-skilled services like engineering, law and finance than in lower-skilled manufacturing jobs that rely on cheap labor.

By CATHERINE RAMPELL

Full Story: http://www.nytimes.com/2012/04/11/business/economy/should-us-services-companies-get-breaks-abroad.html?_r=1#

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