Explain the theory of factor mobility. Consider this theory, and create a trade agreement between two to four countries that does not already exist
Explain the theory of factor mobility. Consider this theory, and create a trade agreement between two to four countries that does not already exist
1- Prior to beginning work on this discussion forum, please read Chapters 6 through 8 of the course textbook.
Visit the Free Trade Agreements (Links to an external site.) https://www.trade.gov/free-trade-agreements web page in the U.S. Department of Commerce website. Select a country from the list that is neither Mexico nor Canada, and provide a brief summary of the trade agreement. How does this trade agreement impact doing business in this country? How does it impact business in the US? Who profits the most from the trade agreement? Who profits the least? Why? Support your answer with at least one credible, recent source in addition to the course textbook. Your initial response should be 300 words.
2- Prior to beginning work on this discussion forum, please read Chapters 6 through 8 of the course textbook.
Explain the theory of factor mobility. Consider this theory, and create a trade agreement between two to four countries that does not already exist (you can use the Free Trade Agreements (Links to an external site.) https://www.trade.gov/free-trade-agreements web page to review U.S. trade agreements). Explain why this agreement would be beneficial to each country and how the theory of factor mobility connects to this trade agreement. Support your answer with at least one credible, recent source in addition to the course textbook. Your initial response should be 250 to 300 words.
Subject: Business
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