-Should free movement of labor be included in free trade
agreements? What are the benefits and drawbacks?
-Why have labor force participation rates been falling for over
twenty years?
Do Agencies that Facilitate International Trade Prevent
Free Trade?
POINT: Yes. The Export-Import Bank of the U.S. provides many
programs to help U.S. exporters conduct international trade. The
government is essentially subsidizing the exports. Governments in
other countries have various programs as well. Thus, some countries
may have a trade advantage because their exporters are subsidized
in various ways. These subsidies distort the notion of free
trade.
COUNTER-POINT: No. It is natural for any government to
facilitate exporting for relatively...
Has the global pandemic permanently hurt globalization (global
trade, investment, and the movement of people across national
borders)? Explain your answer in one paragraph.
International Trade (10)
Economists are nearly unanimous in
their support of free trade yet governments often use tariffs and
quotas to interfere with free trade. According to the textbook,
what explains the difference? Who is correct, the economists or the
government, and why?