Guidelines For Submission Of Your Foreign Trade Practices Mi

Question

Guidelines For Submissionyour Foreign Trade Practices Milestone S Your foreign trade practices milestone should include new research 3–5 slides, not including title or reference slides, and include speaker notes to accompany the slides. Your reference list slide needs to be in APA format. Specifically, the following critical elements must be addressed: 1) Research and present, in 3–4 slides, foreign trade practices and policies of history. a) Analyze data representing levels of U.S. imports and exports during this time. How do they relate to other economic outcomes such as the GDP, foreign exchange rates, and so on? b) Apply specific models developed throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade barriers, development abroad) have impacted the level of and changes in imports and exports in the United States. 2) Draw conclusions to the research carried out throughout the course. a) Summarize the overall trends and outcomes of period by integrating the data, economic models, and historical analysis. b) Defend your agreement or disagreement with the actions taken by the U.S. government during this time based upon your analysis and application of the macroeconomic theories. Present the research with 3–5 slides in PowerPoint, Prezi, Keynotes or PreZentit, not including title page and references. Be sure to include speaker notes to accompany all of your responses. Apply APA formatting to citations and references.

Dr. Jack HW Helper · Accepted Answer

The examination of U.S. foreign trade practices and policies throughout history reveals intricate relationships between trade activities, economic indicators, and international events. Analyzing historical data on imports and exports alongside economic models offers insights into how domestic and global occurrences influence trade dynamics and overall economic health. Historical Overview of U.S. Foreign Trade Practices U.S. foreign trade policies have evolved through various phases, from protectionism in the 19th century to the more liberalized trade frameworks seen today. During the 19th century, high tariffs protected domestic industries, but as globalization accelerated, trade policies shifted towards reducing barriers through agreements like NAFTA and the U.S.-Mexico-Canada Agreement. These policy shifts impacted trade flows significantly. Historically, data indicates that U.S. exports and imports have risen concurrently with economic growth, measured by GDP. For example, during the post-World War II era, U.S. trade volume expanded rapidly, aligning with substantial GDP increases. This trend underscores the interdependence between trade activities and overall economic health. Economic Data and Models Analyzing data from periods of major economic change demonstrates how historical events impacted trade levels. For instance, during the 1970s oil crises, foreign exchange rates experienced volatility, leading to fluctuations in U.S. imports and exports. Models like the Balance-of-Payments (BOP) and the Heckscher-Ohlin model help explain these shifts, showing that changes in exchange rates and factor endowments affected trade balances. The application of the Gravity Model of Trade reveals that countries geographically closer or with similar income levels tend to trade more heavily, which can account for regional trade patterns observed in U.S. data. During periods of war or geopolitical tension, trade disruptions were evident, aligning with theoretical predictions ab

Guidelines For Submission Of Your Foreign Trade Practices Mi ✓ Solved

Guidelines For Submissionyour Foreign Trade Practices Milestone S

Sample Paper For Above instruction

Historical Overview of U.S. Foreign Trade Practices

Economic Data and Models

Trends and Outcomes

Analysis and Personal Perspective

References