3 DQ w/student responses & one quick history paper
TheMatrix
HIS105WK9DQ.docxHIS 105 WK9 DQ
Week 9 Discussion Top of Form
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Part 1: Post a Response
By the 1990s, the US was stepping into the “Information Age”. This would coincide with the presidency of Bill Clinton. One can also see this as a period when global connections really became more visible and faster, in part because of new trade agreements around the globe. In North America, there was NAFTA—the North American Free Trade Agreement. By the late 1990s the US economy was entering a dynamic period of growth.
Choose and discuss one of the following two topics related to the American history under President Clinton:
1. Discuss opposing viewpoints about free trade during the 1990s.
. For the period of the Clinton presidency, identify one view of those favoring “free trade” and one view of those who were opposed.
. Explain how you would weigh the pros and cons of this policy. In hindsight, what is your view of NAFTA? Is globalization good?
. Identify the source(s) where you read about these “free trade” issues of that time.
· Discuss the “economic rebound” of the late 1990s under President Clinton.
. Identify three of the “package” of changes that characterized the economic boost of the “information revolution” in the late 1990s.
. Discuss and explain what you think was the most important of these changes. What can we learn from that sort of period of economic rebound?
. Identify the source(s) where you read about these changes during the late 1990s. For guidance, view this short video.
Part 2: Respond to a Peer
Read a post by one of your peers and respond, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connectionsBottom of Form
Deborah Dawkins
RE: Week 9 Discussion Top of Form
Total views: 19 (Your views: 1)
Hi Classmates, Professor
discuss opposing viewpoints about free trade during the 1990s
For the period of the Clinton presidency, identify one view of those favoring "free trade" and one aspect of those who were opposed.
It was signed into law on October 10, 2000, by United States Bill Clinton opened free trade with China? H.W. Bush signed the original agreement, Clinton signed it into law after it was ratified. North American Free Trade Agreement is a trade agreement
signed by the governments of Canada, Mexico, and the United States;
Clinton's was marked by numerous successes, including the passage by Congress of the North American Free Trade Agreement, which created a free-trade zone for the United States, Canada, and Mexico. The goal of NAFTA was to eliminate barriers to trade and investment between the US, Canada, and Mexico Clinton, as well as then Rep. Sanders, voted against the Trade Act of 2002. which expanded duty-free exports from Colombia.
For the period of the Clinton presidency, identify one view of those favoring "free trade" and one aspect of those who were opposed
During the Clinton presidency, free trade secures all the benefits of the international division of labor. Bill Clinton thought by creating a free trade zone in North America, the largest free trade zone in the world would expand U.S. exports would create jobs and ensure that our economy was reaping the benefits, not the burdens of globalization. Each country will specialize in the production of those goods in which it has a comparative advantage over its trading partners. It leads to the optimum and efficient utilization of resources. And, hence, the economy in production. Because of unrestricted trade, global output increases since specialization, efficiency make production a large scale. Free trade enables countries to obtain goods at a lower price.
This leads to a rise in the standard of living of people in the world. Free trade leads to higher production, higher consumption, and higher all-round international prosperity. Free trade enables each country to get commodities that it cannot produce at all or can only produce inefficiently. Products and raw materials unavailable domestically can be procured through free movement even at a low price. NAFTA, negotiated during the Bush 41 administration, virtually ignored the pleas of unions and the working class, signed by Bill Clinton and ratified with near-unanimous support of Republican Senators and a handful of conservative Democrats.
Explain how you would weigh the pros and cons of this policy. In hindsight, what is your view of NAFTA? Is globalization good?
Oil companies were able to import oil at a lower price from Canada and Mexico. This made the U.S. less reliant on countries such as Venezuela, Iran; It lowered food prices. It made the car industry more competitive since vehicle parts were made in Mexico for less money; this was also a disadvantage as 600.000 jobs were lost. This cost-cutting allowed U.S. car manufacturers to compete with Japanese and German ones. It allowed bidding across borders on government contracts, therefore lowering costs for governments. When NAFTA was approved, it was the first true free trade agreement the U.S. entered. At the time, we have much stricter environmental laws and lower wages than Mexico. As a result, free trade would allow companies to move their factories south of the border and take advantage of lower wages and weaker environmental protections. That was the prediction, and it has mostly come true. Results in the loss of may American Manufacturing jobs to Mexico NAFTA was good for diplomatic relations. It leads to suppressing wages. The manufacturing sector of the U.S. economy suffered the most massive job losses in the wake of NAFTA; Wages decreased in many other industries that do not require workers to have a college degree.
What is your view of NAFTA? Is globalization good?
My views on NAFTA. The worst part about NAFTA, though, is that it was never meant to benefit Americans or American workers. It was entirely conceived and implemented to help corporate interests in the U.S. and Mexico, and it did succeed there. The trend continues today, with agreements we are working on in Asia, Africa, and Europe. Yes, I think Globalization is good. Because, It also provides developing countries, through infusions of foreign capital and technology, with the chance to develop economically.
Furthermore, by spreading prosperity increase meaningful employment, and enhance the skill base of their economy, increases the transfer of technology and the know-how to use it properly, and improve social and environmental conditions.
Deborah Dawkins
https://mstalreja.files.wordpress.com/2011/01/bill-clinton1.pdf
https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/
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