How well property rights are protected

Assignment Help Macroeconomics

Reference no: EM131649972

Problem

Economic progress within a country seems to depend on how well property rights are protected. Explain the relationship between property rights, corruption, and economic progress and their importance to the economic development of a nation. Explain your answer with a well-constructed and cogent response.

Unions in developed nations often oppose imports from low-wage countries and are strong advocates of restrictive trade barriers to protect what they view as "unfair" import competition. Is such competition "unfair"? Explain your answer with a well-constructed argument and examples to illustrate your point(s).

It has been argued that free market economies stimulate greater economic growth than do state-directed economies. Make a well-constructed and persuasive argument on why or why not this may be true.

Would the establishment of a Free Trade Area of the Americas agreement be good for the two most advanced economies in the Western hemisphere, the United States and Canada? How would the establishment of such an agreement affect the strategy of business? Explain your answer with a well-constructed and cogent response.

Reference no: EM131649972

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