Do you think that the United States should phase out dependence on imported oil?

Why do you think international trade volume has increased over time? In general,how are inefficient firms affected by the reduction in trade restrictions among countries and the continuous increase in international trade?

Bangladesh eyes investment gain as Japanese firms exit China Japan incentivizing its companies to shift manufacturing facilities out of China and adding Bangladesh to a list of preferred destinations for relocating the factories may give the South Asian nation’s economy a boost.“As the pandemic started in China, Japanese companies needed to diversify” their supply chains further, Naoki Ito, the Japanese ambassador to Bangladesh, said in an interview. “This will provide an opportunity for Bangladesh.”The island nation’s nudge to relocate companies comes at a time when a Special Economic Zone is in the making in Bangladesh to lure Japanese firms’ production facilities. The industrial zone sprawling on 1,000 acres in the Araihazar subdistrict, 32 kilometers away (about 20 miles) from the nation’s capital Dhaka, is expected to bring in $20 billion in Japanese investments, according to the Bangladesh Economic Zones Authority.Japanese manufacturers have already been seeking lower labor costs…

Why does the United States not have an absolute advantage in coffee? Explain. View keyboard shortcuts

Any goods, raw materials, or services that are produced in one country and then sold to another country, this is called?

In macroeconomics and international trade terms, briefly explain what could lead to an imbalance of import/export or excessive imports.

American firms outsource many jobs to other, lower cost countries. How can this outsourcing actually lead to increased employment here in the USA?  How can there be any economic gains for a country from both importing and exporting the same good, like cars?

Suppose trade protectionism is imposed, and a tariff is introduced to the market for butter. We can assume that the quantity demanded will _____ and the quantity supplied will _____ increase or decrease?

Why does the United States not have an absolute advantage in coffee?

Suppose that the U.S. increases its tariffs on all imported goods. Obviously, this will have an impact on the amount of U.S. imports. What indirect effect will this have on U.S. exports – and why?