U.S. TRADE AGREEMENT

User Generated

fzvyyr46

Economics

Description

 take two (2) positions, and explain how the trade agreement both helps and hurts the U.S. economy. Provide support for your justification in your response

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Explanation & Answer

U. S. trade agreement helps our country because we receive goods at lower prices as compared to if the goods were manufactured in the U.S.

In contrast, the trade agreement causes us to sell  t prices which may not bring us reasonable profit and as a result, our export level drops.  It works smoothly if all countries involved in the agreement cooperate.  Sometimes it generates exploitation in other countries because they have to use cheap labor to sustain certain profit margin level.


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