Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member. 

Due Day 3

Some politicians, labor unions, and special interest groups argue that US trade deficits are harmful to the economy and nations that run large trade surpluses with the US are benefiting from unfair trade practices and agreements. These parties support increasing tariffs on imports, elimination, or re-writing of trade agreements.

Respond to the following in a minimum of 175 words:

• Discuss what credible economists say about the effects that tariffs, changing trade agreements, and/or manipulating exchange rates will have on the total US trade balance.
• Do you agree with their assertions? Why or why not? 

Due Day 7

Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.

Most of the economists do not believe that trade deficits create negative effects on the economy, citing that there are variables to be considered when it comes to trading with foreign governments. The concept is that policies must reduce and pursue deficits in the US trade economy and this can be done through tariff and trade agreement changes. Martin Feldstein, a Harvard economist, explains that