Due January 29
The U.S. Export-Import Bank was established in 1934 to assist American companies in exporting their products to foreign markets. The Bank uses a variety of measures, most commonly direct loans and loan guarantees, to help foreign companies to purchase from American companies. For this assignment, you are to read the debate from the Wall Street Journal linked to below and write a 2-3 page paper (double spaced, a minimum of 500 words) on whether the Bank benefits the American economy overall. There is no right or wrong answer to the question; I want you to read and think about this, and provide your thoughts. Some questions you might think about when reading this debate and organizing your thoughts: Why is the issue of assistance to small businesses (as opposed to large businesses) being emphasized so much here? If exporting firms are able to sell more and hire more Americans to work for them, does this necessarily mean the nation is better off? Does the fact that other nations subsidize their firms looking to export, mentioned in the debate and which I can stipulate for you is definitely true, affect your assessment of whether the Bank is good or bad for America?
You can also do other reading about the Bank if you wish, and please list any the web addresses of any references (blogs, articles, videos, and so forth) that you do use besides the assigned one.
The assignment is due January 29, and can be submitted either hard copy or via email to me.
There is no right or wrong answer here, I only want your thoughts. Which also means, do not try to submit anything written by anyone else, which constitutes plagiarism. You should make some reference to specific points raised in this WSJ debate. You will receive a score of zero for the assignment if you submit a paper which is not your original work.
Link to reading for the assignment: http://www.wsj.com/articles/should-congress-reauthorize-the-export-import-bank-1422244839