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Questions
1. What do you consider is the greatest challenge developing countries face to grow their economies over time?
2. Provide a list of items you found in your homemade in America. Quickly discuss your findings and your overall thoughts on what you found or did not find.
International trade agreements are a hot topic of debate. As you read the international trade theory chapter, you’ll see the economic definitions for comparative and absolute advantage. Economists continue to debate whether or not trade deals benefit U.S. citizens. Since the 1980s the U.S. economy has moved from a manufacturing economy to a service economy.
3. With this quick summary of current trends, I would like for you to read three articles, and articulate why you do or do not believe trade agreements benefit U.S. citizens.
http://www.forbes.com/sites/stevedenning/2016/03/08/should-we-blame-trade-agreements-for-loss-of-jobs/#137aee814320
http://www.nytimes.com/roomfordebate/2016/03/17/are-trade-agreements-good-for-americans
http://www.huffingtonpost.com/cody-cain/scrapping-trade-agreement_b_9919108.html