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Q
Write a 1,050- to 1,400-word paper in which you perform the following:
- Analyze the general impacts from international trade on the U.S. economy with respect to the following:
-Total GDP
- Inflation rate
- Unemployment Rate
- Consumers
- Business firms
- The government.
- Highlight and discuss the major forms of trade restrictions that are generally available to the U. S. government. Furthermore, analyze the potential impacts from these restrictions on the following:
- - Consumers- Business firms
- - The U.S. government
- - The world economy and the image of the U.S. as a leading member of the WTO.
- Describe the main determinants of exchange rates in general. Furthermore, analyze the impacts from a stronger U.S. dollar on the following:
- - The U.S. imports and exports of goods and services
- - The unemployment and inflation rates in the U.S.
- - The interest rates in the U.S.
- - The U.S. Balance of Payments.
Use the following as references:
Colander, D. C. (2013). Economics (9th ed.). Boston, MA: McGraw-Hill/Irwin
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