Trade-off proposals, Macroeconomics

Assignment Help:

While referring to the "EYE on YOUR LIFE" section on page 235 of the textbook, and the economic concepts you have accumulated during our course, consider the trade policies that serve our self-interests and what best serves the global social interests. For example, as U.S. consumers we are the winners in globalization, which has brought iPods, Wii games, Nike shoes, and a wide range of other products to our stores. However, the big losers of globalization include the U.S. textile workers and furniture makers whose jobs disappeared overseas and the African farmers whose crops were blocked by trade restrictions and subsidies in the United States and Europe.
After establishing your own proposed trade policy pertaining to global social interests and responsibilities, post and discuss your proposals. Include your recommendations regarding our responsibilities, if any, towards the winners and losers of globalization. Include our gains and losses from imports and exports in your proposal and address any additional costs which we, as consumers, may need to pay due to your proposals. Are your proposals worth the trade-off? Justify your proposals and respond to the proposals from your classmates.


Related Discussions:- Trade-off proposals

Survivor Island, the central economic problem facing the group of survivors...

the central economic problem facing the group of survivors

State the important aspects of inflation data for sweden, Four aspects are ...

Four aspects are interesting when we look at inflation data for Sweden During 1800s, when Sweden was primarily an agricultural society, deflation where almost as common as

Onfidence interval for the population, A local movie theater wants to know ...

A local movie theater wants to know how much popcorn they should stock for a given movie showing. Records from 94 movies reveal a mean of 57 boxes and a standard deviation of 17.8.

What are the crisis affect the economies of country, What are the crisis af...

What are the crisis affect the economies This crisis would affect the UK in 3 major ways. First the UK would be unable to sell its exports to these economies if they are hea

Social entrepreneur is relying on contributions, If a social entrepreneur i...

If a social entrepreneur is relying on contributions, are there not risks in being accountable and using that money wisely?

calculate the annual cost and present value, National Marine Fisheries Ser...

National Marine Fisheries Service is considering closing a large area of federal waters to fishing in Alaska due to negative interactions of fishing with endangered Steller sea lio

Public sector, Are there any current subsidy or welfare issues that are bei...

Are there any current subsidy or welfare issues that are being discussed or addressed in parliament or in municipalities

Federal income tax be changed to a flat tax, Take a position on the followi...

Take a position on the following economic issue in the "yes" or "no" selection, support your position with economic theory and critical thinking skills. ISSUE: Should the Feder

Interest rates, what is real and norminal interest rates?

what is real and norminal interest rates?

Explain demand management of keynesian economists, Explain demand managemen...

Explain demand management of Keynesian economists The demand management of Keynesian economists of 50's and 60's is attacked by free-marketers for ignoring the importance of s

Write Your Message!

Captcha
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