Economics
Week 10 Discussion 1
“Comparative Advantage and International Trade” Please respond to the following:
• From the e-Activity, take two positions, and explain how the trade agreement both helps and hurts the U.S. economy. Provide support for your justification in your response.
• Imagine that you were the president of an emerging country that is trying to reduce the number of its imports. Explain one (1) protectionist policy that you would utilize to help domestic industry overall.
e-Activity related to first bullet: Use the Internet to research a country with which the U.S. has established a trade agreement.
Week 10 Discussion 2
“Finance” Please respond to the following:
• Imagine that you own a business in which the majority of revenue came from exporting products to other countries. Determine if you would support a fixed or flexible exchange rate system. Provide support for your response.
• In the same role of exporter from the first part of this discussion, determine how an appreciating and depreciating currency would affect your company’s ability to export. Provide support for your response.
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