How does international economics affect you directly as a consumer and as a future worker? How do international events and circumstances touch you as a student in a U.S. university or college?
Answer to relevant QuestionsWhat are some of the problems of international trade that are faced by developing countries? What suggestions would you have for the government of a developing country as it plans its trade strategy? Why would Japanese residents demand U.S. dollars? Why would U.S. residents demand Japanese yen? Draw a graph of the market for the U.S. dollar relative to the Japanese yen. In August 2014, the exchange rate between the U.S. ...Can you explain why adult and child moviegoers are often charged different amounts when going to the movie theater, keeping in mind that both an adult and a child each takes up an entire seat? Many have argued that the government should attach a value to homemaking services and include this value in gross domestic product statistics. Do you agree? Why? Should the Social Security tax be overhauled to reduce its regressivity? Why or why not? How might this be done?
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