This topic contains a solution. Click here to go to the answer

Author Question: Why are trade agreements between the U.S. and Mexico more controversial than trade agreements ... (Read 136 times)

jace

  • Hero Member
  • *****
  • Posts: 541
Why are trade agreements between the U.S. and Mexico more controversial than trade agreements between the U.S. and Canada?
 
  What will be an ideal response?

Question 2

Critique the infant industry or the labor argument for protection.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

Because of difference in levels of economic development is greater, which leads to larger political and social tensions.

Answer to Question 2

Critique of the labor argument largely rests on the confusion between nominal wage rate differences and productivity wages.
Critique of the infant industry argument is based on 1 ) the rent seeking and misapplication of what it means to be an infant industry, 2 ) the government's ability to correctly identify such industries vs. the market's ability to do so, 3 ) the protection creates disincentives for efficiency and low-cost production.




jace

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Excellent


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library