Question

1. Why do you think the percentage of Americans who believe that trade with other countries...

1. Why do you think the percentage of Americans who believe that trade with other countries leads to job creation increased from 20% to 36% between 2014 and 2018?

2. What do you feel would create a greater sense of appreciation among average Americans for the role that international trade plays in creating a prosperous domestic economy?

Homework Answers

Answer #1

1. This is because during these years, when the country had just recovered from a huge recession, it experienced a huge increase in its employment opportunities when it went for trade with other countries. As trade increased, demand for more goods and services increased, which led to demand for more labor and thus more employment opportunities.

2. Increased job opportunity along with increased variety of goods and services available to them post trade. This would make average amercians better off as their incomes would increase along with consumption offerings of goods and services.

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