label this one M14 discussion
We have learned how immigration can affect the supply of labor. Over a greater period of time, immigration can also influence the demand for labor, as immigrants begin to spend money locally, increasing the demand for goods and services, and therefore the labor that produces them. Let’s now take a closer look at the role immigration can play in the economic growth for developed economies such as the United States.
Do a bit of research on the history of economic development. What tends to happen to the growth rate in population as an economy develops? What are some of the reasons this occurs? Research what has been happening to the growth rate in the U.S. population. Can you find an example or two of a developed economy where there is actually negative growth in population? What do you think a stagnant or shrinking labor force implies for economic growth?
In the last module we considered the role of demographic trends in the U.S. in driving healthcare expenditure higher. Now, consider how the aging of the U.S. population can affect economic growth. Specifically, consider the Social Security program in addition to Medicare. What do you predict for the future financial health of these programs? Would solving the problem by reducing or delaying benefits be popular? Would tax increases to fund these programs be popular?
In this Discussion, share what you have found about these challenges facing the U.S. economy and explore how immigration could assist with economic growth by increasing the labor supply and by increasing the number of consumers in various markets. Also please share the source of your information.
label this one M14. Assignment: The Impact of Immigration Using Demand and Supply
Use a detailed Demand and Supply analysis of labor markets to examine patterns of immigration and the resulting effect on labor markets in both the host and home nations. What might be the effect on the equilibrium wages? What might be the effect on overall economic growth, output, and income in the long run? Explain.
Please address all questions thoroughly and submit in either of the following formats:
You can write a traditional response paper (250-300 words) and submit a .doc, .docx, or .pdf file
You can submit a presentation or video (3-5 slides, 2-3 minutes) that thoroughly addresses the questions and prompt; it can be narrated or contain speaker’s notes to address the prompt
label this M15. Discussion: Disputes in International Trade
In this module, you learned about the formation of the World Trade Organization (WTO) and various other international organizations and agreements in efforts to lower barriers to free trade and resolve trade disputes.
For this Discussion, use either the website of the WTO or other sources to research some actual trade disputes between nations. For your reply, select one or two disputes that you find to be interesting.
For each dispute, state the nations and products involved, along with the nature of the dispute. If the dispute has already been resolved, state the outcome. How was the dispute resolved? Or, if not yet resolved, how do you think it would best be resolved? What economic or other arguments are motivating the stance of each nation involved in the dispute(s)? How are the consumers and producers in each involved nation affected by this dispute?
Share the sources of your information in your reply.
label this M15. Assignment: Debating Protective Tariffs
Read the following article How Globalization Sunk Many Americans Deeper in Debt Links to an external site..
Next conduct your own research on some of the tariffs enacted under President Trump that were largely a response to this and related issues.
What do you think? Evaluate the pros and cons of protective tariffs. Be sure to distinguish between how such tariffs might affect producers and how they would affect consumers.
Please address all questions thoroughly and submit in either of the following formats:
You can write a traditional paper (500 words) and submit a .doc, .docx, or .pdf file
You can submit a presentation or video (5-7 slides, 3-5 minutes) that thoroughly addresses the questions and prompt; it can be narrated or contain speaker’s notes to address the prompt
References
Loualiche, Eric. Market Watch. (2017, May 30). How Globalization Sunk Many Americans Deeper in Debt. Retrieved from
https://www.marketwatch.com/story/how-globalization-sunk-many-americans-deeper-in-debt-2017-05-30?link=MW_story_latest_news
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