Give a recent example of how the U.S. government has intervened
or altered national trade policy...
Give a recent example of how the U.S. government has intervened
or altered national trade policy to either encourage exports or
protect domestic business. Explain any consequences of the action
and whether it accomplished its objectives.
Give an example of a global policy and an example of a national
U.S policy based on one of the following: tobacco use and
secondhand smoke, physical inactivity, nutrition, and alcohol
use
Research and find a company that the government has intervened
in its international trade.
1) Provide some background on the situation. What happened? Why
did the government get involved?
2) What, if anything, should the company have done differently?
Explain your answer.
3) In your opinion, was it necessary for the government to
intervene? Why or why not?
4) What was the outcome? Or, if the government is still
involved, what do you think the outcome will be?
Give two reasons why actual trade
policy might not always be the policy that maximizes national
welfare but rather something that prioritizes the welfare of
certain groups more than others?
How is the LM curve altered by introducing international trade?
How is it altered under fixed exchange rates? How is it altered
under flexible exchange rates? What is the effect on the LM curve
of an increase in foreign exchange reserves? *Please answer with
the shifts or movements along the curve*
Give an example of how a developed country has not provided
trade preference to a developing country and therefore as far as
GATT/WTO procedures are concerned shows that the developed country
is not legally obligated to provide preferential treatment.
Fiscal policy is best defined as
government policy with respect to trade deficits.
government policy with respect to transfer payments such as
social security benefit.
government spending and tax decisions driven by macroeconomic
policy goals.
government policy to retire the federal debt.