Find an article(s) that addresses one or more of the following questions and post a summary and
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Question:
Find an article(s) that addresses one or more of the following questions and post a summary and your observation on the validity of the author's arguments.
Note: you only have to address two of the trade topics below:
a. Do trade deals (e.g.) export U.S. jobs to other countries? If true, do they also also create domestic jobs that support the U.S.'s comparative advantage in goods and services we create for export? What is the net balance of jobs created over whatever time frame you can come up with?
b. What has been the cause of job loss in the U.S. over the past one or two decades? Can more job losses be attributed to export of jobs to other countries or to replacement of jobs with newer technologies?
c. The U.S. runs about a $500 billion annual trade deficit with the rest of the world. In other words, we import $500 billion more goods and services each year than we sell to foreign entities. Find some information about the concept of "capital inflow" and then offer your observations as to the upsides and downsides of such a large trade deficit?
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