Paper , Order, or Assignment Requirements

Each question needs at least 50 words minimum

Unit 1 

Discuss the five main types of regional trade agreements. What are their primary characteristics?

Unit 2

In addition to the production and consumption side deadweight losses, what are some of the other potential costs of tariffs?

Unit 3

Is the budget deficit of a country linked to its current account balance? How so? Explain how it is possible for the United States’ current account deficit to grow while the budget deficit has disappeared.

Unit 4 

In a crisis not caused by macroeconomic imbalances, economists are uncertain whether a country should try to guard against recession or try to defend its currency. Why are these mutually exclusive and what are the pros and cons of each alternative?

Unit 5 

How does Mexico’s GDP per person compare to that of the United States? Discuss the different approaches economists can use to make this calculation.