Among the most visible and important elements of U.S. international
economic policy is trade policy. What are the primary goals of
American trade policy, and what are some of the main organizations
and agreements that help America achieve this goal?
What are the Challenges for International Decision makers
regarding the U.S and Chinese Trade wars
And what Recommendations should International decision Makers
recommend?
Despite the ongoing trade war, China is one of the U.S.’s most
important trading partners. (Consider how many goods are “Made in
China”). What might happen to the value of the U.S. dollar, the
U.S. economy, and the trade relationship between the two countries
if China was experiencing unusually high inflation?
Your response should be approximately 2-3 brief paragraphs.
The
U.S. is a large economy with a trade deficit. Suppose the U.S.
federal government increases income tax. How will this policy
affects the U.S. saving, investment, real interest rate, and
capital flows? Is it possible to prevent changes due to this tax
policy? If yes, how? Explain reasoning.