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1. Identify and discuss a benefit that NAFTA has produced for the United States economy.

2. What are the main economic and political arguments for regional economic integration?

3. Do you think it is correct for the European Commission to restrict mergers between American companies that do business in Europe? Explain.

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019
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Related questions

Which of the following is NOT criteria for member nations to use the euro as outlined in the Maastricht Treaty?

A. Specific interest rates

B. A specific level of inflation

C. A lack of price transparency

D. A specified level of debt

E. A specified level of government deficit

Which of the following statements does not describe the African Union (AU)?

A.The AU envisions a united and strong Africa.

B. The aim of the AU is to remove vestiges of colonialism and apartheid.

C. The AU aims to continue the policies of colonialism.

D. The AU aims to intensify cooperation for development.

E. On the African continent, 53 nations created the African Union (AU).

Which of the following is NOT a positive effect of regional trade agreements?

A. Corporate savings

B. Trade diversion

C. Employment opportunities

D. Political cooperation

E. Trade creation

Which of the following is NOT a fact about ASEAN that warrants consideration?

A. Corruption and shadow markets

B. Economic competition

C. Political change and turmoil

D. Diverse cultures and politics

E. Common tariffs and standards

Which of the following statements about ASEAN is FALSE?

A. ASEAN consists of five countries.

B. ASEAN seeks to promote economic, cultural, and social development.

C. ASEAN was formed in 1967.

D. ASEAN serves as a forum to resolve differences peacefully.

E. ASEAN seeks to counter China's rising strength, resources of cheap labor, and abundant raw materials.

Which of the following is NOT a provision of NAFTA?

A. Adding new countries to the European Union

B. Liberalized rules for the granting of subsidies

C. Liberalized rules regarding government procurement practices

D. Elimination of tariffs in North America

E. Trade in services, intellectual property rights, and standards of health, safety, and the environment

Which of the following is NOT a negative effect of regional trade agreements?

A. Political cooperation

B. Employment shifts

C. Trade diversion

D. Loss of national sovereignty

E. Cultural homogenization

Which of the following is NOT an effect off NAFTA?

A. The United States exports more to Mexico.

B. NAFTA has created jobs in the United States.

C. Mexico's exports to the United States have increased.

D. The United States has developed a trade deficit with Canada and Mexico.

E. Trade among Canada, the United States, and Mexico has increased.

Which of the following is NOT a main regional trading bloc?

A. North American Free Trade Agreement

B. United Nations

C. European Union

D. Association of Southeast Nations

E. Southern Common Market

This is about the 2008 us housing market crisis and the resulting European crises that came after.

Compare and Contrast European and American Financial Crises and Perspectives on Crises

First, consider what you have learned about the financial crisis, politics, institutions, like the Federal Reserve, and the aftermath of the crisis in the United States and Europe (and, of course, in Europe there is a continuing debt crisis). Has your study in this class changed your perspectives on the economic crisis itself, politics or any aspect of recent American history? Or has study in the course influenced your perspectives on the European crisis? In answering these questions consider whether or not some knowledge acquired in this course has influenced your perspective and the way you think: describe that knowledge and explain how it has influenced or changed your perspective or thinking.

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. Clinton’s 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 “is in the interest of each producer to keep cost down and quality up.” 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?

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