What is the impact of free trade on domestic job creation

Assignment Help Business Economics
Reference no: EM13666230 , Length: 400 Words

International trade has pros and cons. Economists generally support free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favor of restricting international trade: protecting jobs, defending national security, helping infant industries, preventing unfair competition, and responding to foreign trade restrictions. 

1. What is the impact of free trade on domestic job creation policy? Elaborate with examples. 

2. What are the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure? 

3. What are the pros and cons of importing cheap goods and services?

Reference no: EM13666230

Draw a production possibility curve

Industry-land was so named because it is highly industrialized. It is a world leader in production of manufactured goods. If industry-land put all its productive efforts int

Long-run effects of rise in safe-haven capital inflow

In the five years ending 2011, Switzerland enjoyed a fiscal surplus that averaged 1.3% of GDP, a trade surplus that averaged 2.6% of GDP, and a government debt to GDP ratio th

Condition where the money demand curve is perfectly elastic

A liquidity trap is a condition where the money demand curve is perfectly elastic. Using the new Keynesian sticky prices model, show what happens if the monetary authority tri

Factors of production

Describe three key inputs (or factors of production) and fixed and variable costs involved in the production of your chosen product or service.One example of an input is mac

Demand for internet advertising

Assume that the demand for Internet advertising is declining at the same time that the number of Internet sites accepting advertising is increasing. From this information, a

The individual demand schedules of dark chocolate

Below are the individual demand schedules of dark chocolate for Vanessa and Angela. Assuming they are the only people in the market for dark chocolate, draw each of their indi

The pressure to overstate stock valuation

You have been the Chief Financial Officer (CFO) for a large manufacturing company for 15 years. The Company’s yearend is March 31 and you are finishing the year end accounts. 

Determine the equivalent total present worth

A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year con

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd