TRADE POLICY Flashcards
1
Q
Defending sweatshops? How might someone defend sweatshops?
A
most sweatshops are in places with small work opportunities and could lead to something bigger and they’re higher wages in that area as well
2
Q
Between which two nations does the largest trade imbalance in the world exist?
A
China and US - many imports from China, almost no exports to China
3
Q
What are the top three nations in the world in dollar amounts in imports and exports?
A
china, Mexico, canada,
4
Q
Why might it be said the US and China have a symbiotic relationship?
A
they buy our debt and we buy their products and exports
5
Q
What are some arguments to be made that China’s dramatic growth will not continue unabated?
A
political issues, environmental issues, economic issues, resources,
