International Economics - Subsidy versus Tariff

You have learned that a subsidy is preferable to a tariff is the objective is to generate a given amount of employment in an individual industry. Explain this point of language so that it is understandable to someone untrained in economics.

International Economics - NAFTA

How would you explain reservations in the United States about the implementation of NAFTA? Do you think that NAFTA is a "good thing"? or not? Explain.

International Economics - Economic Development

How can international trade influence economic development positively over time? Discuss.

International Economics - Net International Investment Position

What is meant by the "net international investment position" of the United States? What would happen to this net position if the United States experienced a current account surplus? Explain in detail

International Economics - Account and Trade Surplus

Why has Japan's current account surplus been smaller than its trade surplus in recent years? Explain why Japan's official reserve transactions balance has been close to zero.