The United States is enjoying a period of dominance in world trade and the global economy. This strong position is largely due to the growth of US high-tech industries, which in turn rely upon open access to global markets for their goods and services. While trade issues always have their murky side—and trade debates often degenerate into slanging matches (think 'bananas')—a great deal of progress has been made. Witness the rise and rise of US technology companies such as Microsoft, Intel and Cisco, which have become near permanent fixtures at the top of any list of the world's largest companies. Their business activities—software and the Internet—provide a clue to the role of technology in driving the advance of US companies in the global economy.
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