Question

Are trade deficits something to worry about? Most economists think that trade deficits are typically not...

Are trade deficits something to worry about? Most economists think that trade deficits are typically not a major problem. If this is the case, then why do you think so many people are troubled by them?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Some politicians, labor unions, and special interest groups argue that US trade deficits are harmful to...
Some politicians, labor unions, and special interest groups argue that US trade deficits are harmful to the economy and nations that run large trade surpluses with the US are benefiting from unfair trade practices and agreements. These parties support increasing tariffs on imports, elimination, or re-writing of trade agreements. Respond to the following in a minimum of 275 words: Discuss what credible economists say about the effects that tariffs, changing trade agreements, and/or manipulating exchange rates will have on the...
What in the documentary "Illicit: The Dark Trade" do you think was most interesting about globalization...
What in the documentary "Illicit: The Dark Trade" do you think was most interesting about globalization and crime? Why, Also, what would you have liked to see and learn in the documentary, but it was not there? In other words, what do you think was missing in the documentary that would made us understand globalization of crime better if it were covered in the documentary?
1) Baxter argues that we don’t need to worry about environmental problems unless they affect people....
1) Baxter argues that we don’t need to worry about environmental problems unless they affect people. Why does he think this? Do you agree? Explain your reasons.
3. Why do you think economists really like to talk about competitive markets? 4. What does...
3. Why do you think economists really like to talk about competitive markets? 4. What does the concept of low or no barriers to entry mean? Why is it so important to understand barriers to entry? 5. Give me 5 examples of price takers in perfectly competitive markets.
Budget Deficits and the National Debt The debate about the national debt has been around for...
Budget Deficits and the National Debt The debate about the national debt has been around for a long time. Review this article about it: Schneider, Bill. (Feb 6, 2015). The War Between Congress and the White House. Reuters. And, in addition to the discussion of it in the textbook, please read the following Spark Notes about the national debt: SparkNotes. Policy Debates: Budget Deficit. Now, reflect on everything that you’ve learned about this debate. Then post one major reason why...
Why do economists think up so many pricing puzzles about the movies (don’t answer that, it...
Why do economists think up so many pricing puzzles about the movies (don’t answer that, it is rhetorical)? We used to ask why popcorn costs so much more at the movies. Indeed there is an entire book written about that very question! I used to ask the following pricing puzzle: “Why do movie theaters in South Korea often have reserved seating while movie theaters in the United States not offer reserved seating?” It was first-come first-served. Well, now I need...
Most people probably wouldn't think twice about making a copy of their favorite song for a...
Most people probably wouldn't think twice about making a copy of their favorite song for a friend, even though their friend didn't buy the song. This represents a shift in behavior by consumers. Consider that you would probably not consider walking into a store and stealing a copy of a CD for a friend. Certainly there are differences between these actions, but one end result is the same: the musicians who wrote the music were not paid for their work....
Why do you think debt offerings are more common than equity offerings and typically much larger...
Why do you think debt offerings are more common than equity offerings and typically much larger as well? WITH references so I may read about it! please
International Trade Think of the importance of trade in your life. Look simply at what you’re...
International Trade Think of the importance of trade in your life. Look simply at what you’re wearing today. When you shop, do you look for the “Made in the USA” label? Perhaps you believe we might be better off as a nation economically if we produced more goods in the attempt to become more self-supportive. Perhaps you believe we should increase the amount of goods traded internationally. Opinions and speculation vary as much as the number of economists that predict...
Chapter 8- “I’m dumbfounded that when something like this is occurring that people in these roles...
Chapter 8- “I’m dumbfounded that when something like this is occurring that people in these roles didn’t seek advice from knowledgeable people in the field to handle the situation properly.” (Dr. McIlroy). Who do you think was the one person who could have done more to most effectively reduce the outbreak of hepatitis? What should they have done? Why do you think they didn’t do it?