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

Define price elasticity of demand, Suppose arm's demand curve is given by P...

Suppose arm's demand curve is given by P = 120? Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or

Ana, how long will it take for you to help me with assignment

how long will it take for you to help me with assignment

Producer equilibrium, If the MPPL/ MPPK in the production of a good are les...

If the MPPL/ MPPK in the production of a good are less than w/r, why is the produce not in producer equilibrium? Explain how, with no change in budget size for the firm and with th

Calculate weights of a and b in the global minimum variance , Consider two ...

Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 12% and a standard deviation of 17%. B has an expected rate of return of

Trade in services, TRADE IN SERVICES: India had objected to  the  incl...

TRADE IN SERVICES: India had objected to  the  inclusion of  trade in services  in  the agreement for  the UR  negotiations. The  Indian negotiations continued to raise object

Monetary policy, what is the importance of credit multiplier

what is the importance of credit multiplier

Frequency distribution channel, The original data values cannot be determin...

The original data values cannot be determined once they are grouped into a frequency distribution channel?

Main causes of inflation in an economy, Question 1: Differentiate betwe...

Question 1: Differentiate between income, price and cross elasticities of demand. How will the concept of price elasticity be useful to the owner of a supermarket who wan

Nation of tigerland imported goods, Last year, the nation of Tigerland impo...

Last year, the nation of Tigerland imported goods totaling $500 million and exported products totaling $386 million. Tigerland experienced a(n).

Macroeconomic models, Now we will analyse how macroeconomic variables fit t...

Now we will analyse how macroeconomic variables fit together and present models which explain the main macroeconomic variables.  Using these models we can, for instance, analyse

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