Αποτελέσματα Αναζήτησης
International trade was an important part of President George W. Bush’s economic agenda. Between 2001 and 2009, the United States entered trade agreements with 13 new countries, taking the total number of partners in free trade agreements from 3 to 16.
Free and fair trade is a crucial component of President Bush’s economic and foreign policy. The benefits of expanded trade are clear. Economists across the intellectual political spectrum have long agreed that trade is a vital tool for achieving economic growth.
The President Has Enacted New Free Trade Agreements That Are Benefitting American Farmers, Workers, And Small Business Owners. The President leveled the playing field for American workers by increasing the number of countries partnered with the U.S. on free trade agreements (FTAs) from three to 16.
Explain how international trade creates interdependent relationships between countries. Describe how factors of production influence the exports and imports of countries. Calculate the opportunity cost of producing one unit of a good in terms of another good.
The tariff diagram illustrates the effects of imposing a tariff. The original quantity of imports is Q2 – Q1, and the new quantity of imports is Q4 – Q3. The purple shaded rectangle shows the revenue the government gains from imposing the tariff. This could help finance government expenditure.
Benefits of Free and Fair Trade Since taking office, President Bush has demonstrated his commitment to opening markets and knocking down trade barriers to create new opportunities for U.S businesses, workers and farmers.
Read each example below and decide if it is a domestic policy—addresses issues at home—or a foreign policy—addresses issues around the world. Label each with a “D” or and “F.”
