Answer to Question 1
An ideal response will:
1, Define a tariff as a tax added to the cost of imported goods that is designed to raise their price and thereby protect the country's businesses and workers from foreign competition.
2, Describe the increasingly interdependent nature of the global economy, and how tariffs erect a barrier to free trade between countries.
3, Discuss how agreements such as NAFTA and GATT have lowered barriers to trade and how countries now resort to nontariff barriers such as quotas, subsidies, and quality specifications to limit imports.
4, Observe how the global world economy is making concepts such as imports and exports increasingly difficult to define.For example, many businesses have companies in multiple countries.
Answer to Question 2
An ideal response will:
1, Define Reagan's Strategic Defense Initiative (SDI) as a proposed program that would create a space-based umbrella that would automatically protect the United States from nuclear weapons.
2, Argue for or against implementing an SDI-like program. Those in favor of such a program may note the importance of protecting the United States from nuclear weapons. Those opposed to such a program may note that such a program would be expensive, may not work (with potentially catastrophic consequences), and is not as necessary given the end of the Cold War.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Membership in this subculture is not easily awarded. Not only must high-steel ironworkers prove that ...
Chronic Hunger Is Prevalent throughout the World
The Great Spike in World Population Growth
Effect of dietary fats on high- and low-density cholesterol levels
Dry Shrublands and Woodlands on the world map