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Analyze the impact of recent (2019-2021) events (e.g. COVID pandemic) on the trade of Germany using concepts and graphs studied in the International Trade course. You may use articles and research papers to supplement your analysis. Give references to all/any source that you use for the presentations.
Models:
1: Ricardian Model
2. Specific factor Model
3. Heckscher-ohlin Model
Link the presentation with this article ( https://english.bdi.eu/article/news/germany-in-world-trade-a-clear-winner-of-globalisation/ )Please write the points and footnotes for the slides and the speech for the presentation (minimum 20 minutes). Feel free to link up other models of International trade and article and research papers regarding that.
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Consider a negative income tax in which an individual receives a cash benefit of B per month, and pays a marginal tax M on any income earned. If an individual’s income is Y, their combined income from earnings and benefit is then B+(1-M)Y up to the i..
What are 2 examples of self-interested reasons that a top earner might favor policies to redistribute income.
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