ECON312N Week 8 Assignment Latest 2020 November

ECON312N Principles of Economics

Week 8 Assignment

Mini Presentation – International Trade

Required Resources

Read/review the following resources for this activity:

Textbook: Chapters 29, 33, 34

Lesson

Link (website):?Narrated PowerPoint Tutorial?

Minimum of 2 scholarly sources

Introduction

International trade has been said to promote economic growth, increase choices, and reduce costs for consumers. Pick a service industry and develop a narrated PowerPoint presentation. Include the following information:

What types of trade have you observed affecting the industry?

Does the industry benefit, or is it negatively affected by international trade?

Who are the "winners" and the "losers" from the transactions?

Should society take action to ensure the "losers" benefit in some way from the trade transactions? Why or why not? If action is to be taken, what should it be? How would it improve overall welfare?

Review the Narrated PowerPoint Tutorial for help with your narration.