Question

In: Economics

To complete this assignment, choose one of the THREE topics of your choice (see below), do...

To complete this assignment, choose one of the THREE topics of your choice (see below), do a thorough research and analysis on the topic, write it up, and finally submit it as an attached document. 6. Here are the THREE topics and all you need is to pick the one that is of interest to you:

(i) China and the US have been in serious disputes and disagreements in areas of international trade and commerce. Present a background on the issue (how did this come about and the political positions on both countries), its macroeconomic consequences to both countries and perhaps the rest of the world. I cannot just tell you what to say or what to focus on in this issue, but it is important for you to be thorough. You put the paper together in your own creative manner because there is NO one way to present it. It is absolutely fine if you choose to incorporate graphs / diagrams to support your analysis. However, the paper will be graded on its thoroughness, contents, and logical analysis and it should be free from grammatical errors.

(ii) President Trump's policy and his insistence in building a wall along the borders of the United States and Mexico. Present a thorough background on the issue (how did this come about and the political positions on both countries, perhaps even the rest of the world). Any social / economic consequences on this issue. Again, it is up to you as far as how you want to present it but it is important to be complete and logical in your analysis. The paper will be graded on its thoroughness, contents, and logical analysis and it should be free from grammatical errors.

(iii) The impacts of novel Coronavirus pandemic on the US economy have been devastating. Present a thorough analysis on its impacts since March 2020 up until perhaps the first part of October 2020, primarily focusing on the areas of personal consumption, business investment, unemployment, inflation, GDP, international trade, etc. Be sure to support your analysis with relevant data instead of presenting your personal opinions. Like the requirements of the other two options, it is up to you as far as how you want to present it but it is important to be complete and logical in your analysis.

The paper will be graded on its thoroughness, contents, and logical analysis and it should be free from grammatical errors.  The paper should be between 4 and 5 pages in length, typed, double-spaced, and, again

Solutions

Expert Solution

Sol:

  • The Mexico and United States barrier is a series of vertical barriers along the Mexico United State border build to preventing illegal crossings from Mexico into the U.S.
  • Between the barriers, security is provided by virtual fence of sensors, cameras, and other surveillance equipment it is used to dispatch U.S Border Patrol agents to suspect migrant crossings. As of January 2009, U.S. Customs and Border Protection reported that it had more than 580 miles of barriers in place.Total length of the continental border is 1,954 miles.
  • The concept for this wall was first developed by campaign adviser Sam Nunberg and Roger Stone in  2014 as a memorable point Trump could use to tie with his business experience as a builder and developer to his prolegal immigration policy proposal.
  • The wall was first positively received by conservative activists in Jan 2015 at Iowa Freedom Summit by Citizens United and Steve King. Two days later on show Fox & Friends. The idea was repeated at June 2015 announcement speech for his 2015 - 2016 presidential campaign with a claim that Mexico would pay for it.
  • President of Mexico said that his country would not pay for the wall.
  • In Jan 2017 Trump signed Executive Order 13767 which formally directed the U.S. government to start attempting wall construction along the U.S. and Mexico border using existing federal funding.
  • Actual construction is not start at this time because of the lack of clarity on how it would be funded.
  • Federal government was partly shut down for 35 days beginning 22 December 2018 because of Trump's insistence. He would veto any spending bill that is not include $5.7 billion in border wall funding.
  • In February 2019 Trump signed a declaration of National Emergency saying that the situation at the border is require money allocated for other purpose to be used to build wall. The congress pass joint resolution to over turn the emergency order which Trump vetoed. In July 2019 the Supreme Court approved the re-allocation of $2.5 billion in department of defense anti drug funding is to construct the wall while other legal proceedings continue. in September 2019, additional $3.6 billion was diverted. This time from U.S. military construction projects around the global.
  • In September 2019, Trump said that he planned to build 450 to 500 miles of new wall by the end of 2020. As of November 2019, 76 to78 miles of out dated pre-existing wall was replaced or reinforced during Trump's presidency. No miles of new wall has been completed.
  • In December 10, federal judge in Texas stop the use of military funds for the wall. Ten days later Trump signed spending bill with $1.4 billion allotted for it. On 8 January 2020 a federal appeals court granted a stay of Texas judge order. Freeing the $3.6 billion for the wall. On February 13, The Pentagon notified congress that, it would divert $3.8 billion from funding for the military antidrug activities and the war on terror to build the wall.
  • On December 17, 2019 acting commissioner of U.S. Customs and Border Protection mark morgan stated that 93 miles of barrier had been built during the trump administration according to CBP(Customs and Border Protection) at least 90 miles of that replaced existing structure. In May 2020, only 16 out of 194 miles of wall was constructed under the Trump administration was new fencing. t
  • He remainder was replacement for dilapidated sections. According to CBP(Customs and Border Protection), 350 miles had been completed by October 5, 2020. Most of it has been replacement of existing wall.

Environmental issues along the Mexico–United States border

  • The construction of border wall could cause significant environmental damage including habitat destruction and habitat fragmentation that will affect wildlife and endangered species. Some species that may potentially be affect include ferruginous bighorn sheep, black bears and pygmy owls.
  • A lawsuit arguing these points was brought forward by the National Butterfly Center after employees discover the part of planned wall would be built through the property. However, Judge Richard J. Leon dismissed this case against the Department of Homeland Security it was leading the center to claim that they will refile or appeal the case.
  • 2019 survey by the Center of Biological Diversity found that the construction of wall to be having a devastating impact on ecosystem with construction coming perilously close to the San Bernardino National Wildlife Refuge and an active migration corridor for the North American jaguar as well as already damaging habitats insites such as slaughter ranch.
  • This survey also found un restricted pumping of ground water from local aquifers in order to produce the concrete for the wall which will have a destructive effect on ecosystem as well as surface one that are sustained by ground water. In mid 2020, Defenders of Wildlife non profit organization obtain a government report from June which found that well used to make concrete for the wall that is significantly impacting well located at San Bernardino National Wildlife Refuge, which according to the Defenders, explains why some ponds at the Refuge are void of water and why it is so hard to maintain water level at other ponds that currently have threatened and endangered fish species and also including the Yaqui cat fish.

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