Discussion board 2 macroeconomics | Economics homework help

Topic: International Trade

 

Question/Prompt: “In 2014, “the United States exported $2.34 trillion worth of goods and services—an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexico. What is more, exports are an increasingly important aspect of the U.S. economy.” (New top markets series provides data, 2015)

 

In your thread, complete the following:

  1. Discuss economic theory related to the quote above. Be sure to include a definition of exports and the way in which exports are counted in the measurement of Gross Domestic Product (GDP) within your discussion.
  2. Locate and incorporate outside research that gives evidence and explanation as to the possible causes of this growth in exports. Provide an example of 1 particular industry or country with which export quantity has increased.
  3. Integrate biblical insights into your thread. In what way does Scripture influence our attitudes and actions in international trade?

http://www.commerce.gov/news/blog/2015/07/new-top-markets-series-provides-data-and-analysis-help-us-exporters-compare

 

 

 

Instructions: 

 

Discussion Board Forums Instructions

Discussion boards are collaborative learning experiences. Therefore, you will participate in 2 Discussion Board Forums throughout this course. Each thread must be at least 300 words and contain a minimum of 3 citations in current APA format. In addition to the thread, the student is required to reply 2 other classmates’ threads. Each reply must be at least 100 words and include 1 citation in current APA format. For at least 1 of the replies, you must choose a topic other than the one you discussed in your thread. Acceptable sources include newspapers, periodicals, journals, textbooks and the Bible. Sources such as Wikipedia, About.com, book reviews, and blogs are prohibited.

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