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

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#