suggest a strategy for trade in the US that includes your strategy about trade barriers, foreign direct investment, immigration and exchange rates

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punzh5282

Economics

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suggest a strategy for trade in the US that includes your strategy about trade barriers, foreign direct investment, immigration and exchange rates.

Engage with others on their suggested frameworks.

the paper must be 500 words

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Explanation & Answer

Attached.

US TRADE STRATEGY
Foreign trade is a very important aspect of the economy to any country and is in their
favor so that the economy can grow and be able to sustain itself, its projects and its people.
Strategies are very important in achieving this balance. There are many ways that a country ca n
employ to ensure that trade barriers by other countries, foreign direct investments, immigration
and exchange rates are in their favor.
First of all, when it comes to foreign direct investments, the US should ease its policies
on foreigners who want to invest in the country. The immigration policies for investors should
not be tight because it frustrates them and they can move to the next option on their list because
of this. Foreigners should not be treated with animosity to boost our name to the world so that
they can see how welcoming we are and this will bring us more. Policies like allowing 100%
foreign direct investment in some sectors have proven to be very attractive to foreign investors
e.g. in India where many sectors have allowed 100% foreign direct investment which has seen
many Americans venture into this market of over 1 billion people...


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