Assignment:
Review the US Farmers and CAFTA video and discuss the following questions:
How would Adam Smith and/or David Ricardo view CAFTA?
Some 140,000 people are employed by the sugar industry, people that would, according to the farmers, eventually lose their livelihood if CAFTA , and other agreements went into effect. Yet, CAFTA spells promise for pork and diary farmers. How can the needs of these two related, yet very divided groups be met?
According to free trade advocates, Americans are currently paying too much for sugar thanks to the barriers limiting cheaper imports. If CAFTA passes, what will be the effect for American consumers? Will they really see a substantial benefit from the agreement? Why or why not?
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