Pearson eText Macroeconomics -- Instant Access (Pearson+)
Pearson eText Macroeconomics -- Instant Access (Pearson+)
13th Edition
ISBN: 9780136879503
Author: Michael Parkin
Publisher: PEARSON+
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Chapter 9, Problem 29APA

(a)

To determine

Identify the trade balances and explain the changes in trade balance.

(b)

To determine

Identify the concern of the Trump administration about the trade balance.

(c)

To determine

Identify the Trump administration to change the trade balance.

(d)

To determine

Identify the source of international trade balance and explain the fundamental equation.

(e)

To determine

Identify the effect of the Trump administration action on the balance of trade.

(f)

To determine

Identify the other effects that will have a proposed action on trade.

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This activity focuses on developing direct and supported opinions using various sources of information on the importance of the following topics: non-renewable and renewable energies, economic factors and obstacles that can affect the relationship between international trade and economic growth, devaluation of the currency in countries, and the imbalance of economic equity. In this context, it is essential that, when studying and developing these topics, students understand the concepts of the value of currencies and that leads to devaluation, non-renewable and renewable energy resources, economic development and obstacles, distribution of wealth, economic growth and external and internal constraints, and about international trade as a growth factor. Thus, the objectives that are intended to be achieved are the following: Acquire knowledge about the concepts mentioned above. Determine relationships between economic growth and international trade. Understand what some limitations that…
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