Discussion Assignment

Free Trade

Read "The Last Word" on page 464 of your text. What was the central point that

Bastiat was trying to make in his imaginary petition of the candle makers? Do

you agree with Bastiat? Why or why not? How does this argument relate to

current arguments about free trade?

Support your argument with relevant, scholarly resources (such as The Wall

Street Journal) using APA style and format to cite and reference them.

Guidelines

Use the course readings and other resources to support your responses and use

proper APA format for your citations and references.

Resources

• Discussion Participation Scoring Guide.

• The Federal Reserve Bank's Primary Role | Transcript.

Readings

Use your Macroeconomics text to complete the following:

• Read Chapter 20, "International Trade," pages 442–466.

• Read Chapter 21, "The Balance of Payments, Exchange Rates, and

Trade Deficits," pages 470–489.

Use the Internet to complete the following:

• View Trade: Trials and Triumphs | Transcript.