3.Analyzing VisualsWhat will happen to American exporters to China if the trend continues and imports from China continue to grow? In which direction will the demand curve move? 4.ExplainingHow does trade benefit all participating parties? 5.Problem SolvingThink of a project or assignment you recently completed with a friend. Apply the principle of comparative advantage to the way you and your friend worked. How could you have completed the project more efficiently? Explain.

6.Analyzing VisualsExplain the United States net import and net export results from 1990 to 2018? What have been the trends? 7.Analyzing Visuals What is the outlook in 2020 for U.S import and export production? 8.Drawing InferencesWhat are the reasons behind the 2020 projections?

9.ExplainingWhy is the economic health of all nations important in a global economy? 10.DescribingWhat are the challenges associated with globalization?

11.Understanding Relationships Among EventsHow do you think the economic growth of developing countries will affect you and your family in the future? 12.Identifying Perspectives and Differing InterpretationsWhy will unions generally condemn outsourcing? What other groups will benefit from it? Why? 13.Problem SolvingRenewable energy resources account for only a small portion of our total energy use. What changes will need to be made before people make greater use of renewable energy?

14.Calculating InterestIf your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial $100 deposit? What is the total amount in the account after three years? What is the amount after three years if the interest was compounded annually? 15.Considering Advantages and DisadvantagesIn deciding whether to pay cash or use credit or debit card for a purchase, what are the costs involved and the benefits of each choice? 16.SynthesizingSuppose you are applying for a mortgage. The mortgage payment will be $900, whereas your monthly take-home income is $2,400. Should the lender grant you the mortgage? Why or why not? 17.Decision MakingHow do you build credit and improve your credit score?

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3 If imports from China continue to grow American exporters to China may face increased competition from Chinese goods in both domestic and international markets This could lead to a decrease in deman... View the full answer