Free Trade agreement and Win-Win situation.

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Chapter 9, Problem 9.3.11PA

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Free Trade agreement and Win-Win situation.

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Read the news article â€œThe China Syndromeâ€ and discuss on the following questions:http://www.huffingtonpost.com/scott-paul/the-china-syndrome_b_1472301.htmlWhat has been the impact of granting China permanent trade status? Who has benefitted?How much has US dependency on lower priced goods from China, hurt overall job growth?Since it is considered that at some point China will drive the global economy, it is a soundagreement that reducing the trade barrier will affect the Chinese economy, causing a ripple effectfor global economy? Do you agree or disagree? Explain.

If trade barriers hurt the average worker in an economy (due to lower wages), why does government create trade barriers? in a paragraph

President Trump via twitter on 11/29/2018: “Billions of Dollars are pouring into the coffers of the U.S.A. because of the Tariffs being charged to China, and there is a long way to go. If companies don’t want to pay Tariffs, build in the U.S.A. Otherwise, lets just make our Country richer than ever before!” Comment on whether the terms-of-trade argument against free trade necessarily applies under the presence of retaliatory tariffs applied by trade partners; Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.