What is the role of the U.S. government, in terms of dealing with the problem of income inequalities? What are the arguments, for and against,
- What is the role of the U.S. government, in terms of dealing with the problem of income inequalities? What are the arguments, for and against, government involvement in this area?
- Why do nations trade? What is meant by the concept of “Comparative Advantage”? Could a nation be better off economically, if it practiced an isolation policy?
- The United States has had a significant trade imbalance for several years. What are the problems associated with having a negative trade balance? What can be done to correct the imbalance?
- How are exchange rates determined? What is the significance of currency devaluations to the home country? To other countries?
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