Business Finance Homework Help

University of Miami Agreements that Have Shaped the United States Trade Policy Paper

 

Questions for your 1st essay.

1. Please pick four (4) acts/agreements that you think have shaped the trade policy in the US.

Please make sure you explain (at least) the correct name, year, president, reason, international political and economic situation, national political and economic situation, outcome, countries affected, economic sector, and WHY do you think these 4 are significant. Make sure you cite the reading and author of the reading.

2. The biggest debate when studying trade is the concept of a fair ¨playing field.¨ According to the author of the book:

  • How do you define this concept and why is this concept so important and the backbone for trade policies and relations. 
  • How is Protectionism defined and its implications for trade. Why is protectionism so important for the trade debate? 
  • What is productivity? And How is the idea of Productivity linked in this debate?
  • This concept leads to a debate we have covered in our readings: to the debate of ¨Free trade¨ vs ¨protectionism.¨ Based on our readings, what is this debate all about and what are the theoretical-academic arguments behind each argument

3. Along with all the readings covered, we have analyzed trade under NAFTA/USCAM and with the rest of the world (How to make trade work for workers). Based on all the readings, please explain:

  • What are labor standards and how these are important for the readings? How are these labor standard achieved or implemented?
  • how trade has changed throughout the years and the different views and theories that are shaping trade in the 21st century.
  • How are trade and economic growth linked
  • What structural changes and challenges does the global economy and trade face today?