1. The United States has completed negotiations of a regional, Asia-Pacific trade agreement, known as the Trans-Pacific Partnership (TPP) Agreement. This agreement has come under fire from the presidential candidates as both Mr. Trump and Ms. Clintonâs have stated that they oppose the agreement fearing that it will hurt American workers. According to your economics reading, would you believe that this agreement would be beneficial to the United States?
2. Bernie Sanders has pushed the idea of raising the minimum wage to $15 per hour. How would the authors of your economics reading address this proposal?
3. Why do workers in the United States tend to make a higher wage than workers in other countries?
4. The authors state that it âis in the interest of each producer to keep cost down and quality up.â Explain, in your own words, what you think the authors mean by this statement.
5. The authors state that we all benefit by the fact that there are very wealthy people in the United States. How do you and I benefit from the fact that Bill Gates is worth greater than $70B?
1. The United States has completed negotiations of a regional, Asia-Pacific trade agreement, known as the Trans-Pacific Partnership (TPP) Agreement. This agreement has come under fire from the presidential candidates as both Mr. Trump and Ms. Clintonâs have stated that they oppose the agreement fearing that it will hurt American workers. According to your economics reading, would you believe that this agreement would be beneficial to the United States?
2. Bernie Sanders has pushed the idea of raising the minimum wage to $15 per hour. How would the authors of your economics reading address this proposal?
3. Why do workers in the United States tend to make a higher wage than workers in other countries?
4. The authors state that it âis in the interest of each producer to keep cost down and quality up.â Explain, in your own words, what you think the authors mean by this statement.
5. The authors state that we all benefit by the fact that there are very wealthy people in the United States. How do you and I benefit from the fact that Bill Gates is worth greater than $70B?
