Determinine national competitiveness

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Problem: Read the Harvard Business Publishing case study "National Competitiveness: the case for trade and why American leaders need to make it" written by a former president of the World Bank. Provide brief answers to the following questions. Irrelevant information might work to your disadvantage when the assignment is graded.

(1) on page 3, the article mentions "... businesses and governments ... need to reignite the spark of trade to fuel economic growth." From what you learned in ch7, comment on how trade could fuel economic growth.

(2) On page 3, the article mentions "... Americans fear trade will lower wages." Relate to ch5 learning, do you think so too? Use what you learned to explain.

(3) Continue with part (2), if there was such a concern, what should US do to address this problem? You should be able to find some answers in the rest of the case study.

Reference no: EM132460759

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