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The importance of trade continues to be a debated topic because the gains are not always quantifiable by those involved. Some would argue that due to a significant difference in wages and regulations, free trade is not always fair trade and that free trade agreements are used by companies to simply chase lower wages and fewer regulations. In the United States, this has been an ongoing debate in regard to both the North American Free Trade Agreement (NAFTA) and the normalized trade relationship with China. Take some time to read the following articles before beginning your post:
-Free Trade vs. Fair Trade
-U.S. Trade Policy: Background and Current Issues
Based on what you have read, please address the following questions:
-Which do you feel is a better approach, free or fair trade, and why?
-Given the concept of comparative advantage, should we even be discussing free versus fair trade?
A mutual stock fund has grown at a rate of 16% compounded annually since its beginning. if it is anticipated that it will continue to grow at this rate, how much must be invested every year so that $60,000 will be accumulated at the end of 12 years?
Using the three term structure theories (Unbiased expectations, Liquidity Preference, Market segmentation), predict the shape of of next year's forecasted term.
A trade surplus implies savings are higher than investment and the net capital outflow is greater than zero. Evaluate this statement. Use relevant equations.
What are the minimum, first quartile, median, third quartile, maximum, interquartile range, and range of the data set below? Make a box-and- whisker plot.
A car wash in a metropolitan area services a community of 50000 people. The car wash charges $14 per car wash. For every dollar increase in the price of a car wash the potential number of customers that could use the car wash decreases by 2500. Find ..
Use commercial bank and Federal Reserve Bank balance sheets to demonstrate the immediate effect of each of the following transactions on commercial bank reserves. Assume that the initial reserve ratio is 20 percent. Federal Reserve Banks purchase $2..
How has the drought impacted the market for this labor? What happens to the equilibrium wage and quantity of laborers hired?
1. Professor Stern's colleague, Dr. Schmertz, gives one midterm exam and one final exam. He weights the final twice as heavily as the midterm to determine the course grade. No grades can be dropped.
Maisha spends all her income on good X and good Y. As the price of good X increases while the price of the price of good Y remains fixed, Maisha’s price-consumption curve is horizontal. Let the price of good Y be $1 per unit and Maish’s income be M. ..
What personal qualities does Vanderbilt possess that help to explain his success? How does Vanderbilt use his businesses’ resources to defeat his rivals? What triggers the sell off of rival rail roads’ shares? How does Vanderbilt try to get control o..
Because real investment by foreigners expands a country’s capital stock and hence presumably its output and income, why should any country consider restricting foreign investment?
Fruit inventory, the number of defects that we found exceeded our quality standards. That means we had to throw out a good bit of inventory.
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