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Topic: International Macroeconomic Topic
Subject: Others
Paper type: Research Paper
Cost: $20
Number of soruces: 5
Language: English (U.S.)

Question

I would like to offer guidelines and suggest several topics for the second class paper. The general theme is the exploration of a International Macroeconomic Issue. The paper can take the form of any event/issue/trend that involves or originated in a foreign country. You can relate it's effects on the United States economy or focus it's effects on the country where the topic originated. Focus should be given on incorporating a minimum of 6 specific macroeconomic theories to your topic. As in the first paper superior grades will be given to work which shows direct application of macroeconomic theory in either explaining your topic and/or establishing an opinion or argument. The guidelines regarding length (minimum of 1,200 words), method of submission and works cited (minimum of 5 sources of which one MUST be class textbook) are the same as the first paper. -Coronavirus / Macroeconomic Effects both in China and Globally -Microlending / Macroeconomic Effects of Enabling Individuals to Prosper -Dollarization / Using the US Dollar as a Country's Official Currency -Tulipmania / The 1st True Asset Bubble-Netherlands 17th Century -Venezuela / Hyperinflation and Socialist Government Structure -Hyperinflation / The Weimer Republic-Germany 1920s --Olympics / Macroeconomic Consequences of Hosting Games -Japan / Demographic Ticking Time Bomb -Cuba / After the Castros-Economic Future of Cuba --China/US Trade War / Implications on China Economy -Brexit / Effect on British Livestock Industry Please pick whichever topic you feel, you can do the best research on. My professor also wants us to touch on a minimum of 6 class theory points listed below: -Dollarization -Tariffs -Brexit -Supply Side Economics -Laffer Curve -Systematic Risk/Too Big to Fail -Contagion -Glass Stegall Act -Federal Reserve Bank -European Central Bank (ECB) -Unconventional Monetary Policy -Quantitative Easing -Policy Lag Time -Expenditure Lag Time -Monetarism / Milton Friedman -Phillips Curve -Direct Foreign Investment -Indexing -Dilemma of Demand Management -Theory of Rational Expectations -Exchange Rates / Fixed, Managed or Free Floating -International Monetary Fund (IMF) -Balance of Payments Surplus/Deficit -Purchasing Power Parity -Capitalism/Socialism -Comparative Advantage -Four Components of Aggregate Demand -Consumer Spending -Investment Spending -Government Spending -Net Trade (Exports-Imports) -Three Pillars of Aggregate Supply -Labor -Capital Stock -Productivity/Technology -Consumer Price Index -Fiscal Policy -Monetary Policy -Invisible Hand Theory -Structural Unemployment -Frictional Unemployment -Cyclical Unemployment -Opportunity Cost -Explicit Opportunity Cost -Recession -Depression -Gross Domestic Product -Price Ceilings/Rent Control -Price Floors/Minimum Wage -Underground Economy -Black Market -Veblen Goods -Gentrification -Substitution Products -Aggregation -Abstraction -Open Economy -Closed Economy -Tariffs -Economic Sanctions Thank you so much, Jacob Marx If you could please use chicago style format, not MLA. Please use scholarly sources as well, thank you.

Answer

Since time immemorial, the globe has been focusing on making tremendous strides towards free trade. However, of late, the global trading system foundation has been shaken significantly after US president Trump imposed costly tariffs on imports from China and other countries (Chong, Terence & Xiaoyang Li 185). It is noteworthy that China and the United States have been significant pillars in the global economy given that they are the world’s largest economies. In the recent past however, their trade disputes have continued to have profound impacts on both countries and other parts of the world. ...
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