Devry ECON 312 Week 4 Discussion Latest

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Devry ECON 312 Week 4 Discussion Latest

FREE TRADE; FOREIGN EXCHANGE

Multimedia post (up to 10 points) – Free Trade: Create a short 1-2 minute slide presentation with a voice narration or a video using any technology you are comfortable with to support why you are for or against free trade.

Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences.

What are some examples of goods that the United States has comparative advantage in producing? Take a look at the tag of the shirt/dress/pants that you are wearing today. Where was it made? Anyone wearing “Made in U.S.A.” items of clothing today? We sometimes hear people say “Buy American”. Why don’t we? What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?

Foreign Exchange (up to 5 points) – Research and discuss one or more of these questions. What is happening to the value of the U.S. dollar these days? What causes the value of the U. S. dollar to rise or fall? Who demands the U.S. dollar? Who supplies the U.S. dollar? When we purchase German products, does our demand for euro go up or down? What are freely floating exchange rates all about, and how do they work? How can the falling U.S. dollar impact your travel expenses? Why would a cheap dollar relative to other nations’ currencies be good or bad for U.S. trade?

MyEconLab (MEL) Activity Post (up to 5 points) – Make a high-quality response to a classmate’s MEL Activity post or complete your choice of one of the available Week 4: MyEconLab Activities for the week (recommended), and post a short summary along with ideas on how to apply the principles explained in the selected Activity. Include the word “Activity” along with the topic of the MEL Activity in the first sentence.

 

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Devry ECON 312 Week 4 Discussion Latest

Best Devry ECON 312 Week 4 Discussion Latest
Devry ECON 312 Week 4 Discussion Latest

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