Economics Homework Help
Indiana Institute of Technology International Trade Discussion
Discussion Questions:
Initial Post:
Research the web to find a recent article that discusses a forecast about international trade. This article can be from a global trade organization (such as the World Trade Organization), from a state’s commerce and trade website, or from business journals.
What does the article forecast or predict about global trade as a whole, or trade between specific nations?
What macroeconomic results could occur if the United States if this forecast is correct?
What microeconomic results could occur for the United States is the forecast is correct?
How would this forecast affect how U.S. business managers anticipate demand and supply, and how they anticipate pricing changes?