Questions
Hufbrauer, G. “The Payoff from Globalization”
- Is trade a zero sum game, i.e. are there any losers to increased liberalization?
Stiglitz, “On the Wrong Side of Globalization”
- Two primary industries are mentioned: healthcare and banking. What potential harm can TPP do as a result of the deals inside these industries?
Wolak, “Our Comparative Advantage”
- Why do we see more innovation and development in the U.S?
Dizikes, “Economists find evidence for famous hypothesis of ‘comparative advantage’”
- Why is it difficult to prove comparative advantage?
Prestowitz, “The Losses of Trade”
- Why are the costs more substantial than what is normally assumed under conventional trade theory?
Bivens, “Globalization and American Wages”
- What policies did the author state should be instituted to deal with losses from globalization?
Zavondy, “Immigration and American Jobs”
- What policy proposals does the author suggest to boost U.S. employment?
Byrd, “Illegal Immigration Effects on the Supply and Demand for Labor and Wages”
- Of the proponents and opponents to deportation, which one is right regarding their jobs argument? Why?
Sample Solution