Global Economic and Political Issues, economics homework hlep

write 400–600 words that respond to the following questions with your

thoughts, ideas, and comments. This will be the foundation for future

discussions by your classmates. Be substantive and clear, and use

examples to reinforce your ideas.

The importance of trade continues to be a debated topic because the
gains are not always quantifiable by those involved. Some would argue
that due to a significant difference in wages and regulations, free
trade is not always fair trade and that free trade agreements are used
by companies to simply chase lower wages and fewer regulations. In the
United States, this has been an ongoing debate in regard to both the
North American Free Trade Agreement (NAFTA) and the normalized trade
relationship with China. Take some time to read the following articles
before beginning your post:

Based on what you have read, please address the following questions:

  • Which do you feel is a better approach, free or fair trade, and why?
  • Given the concept of comparative advantage, should we even be discussing free versus fair trade?

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