Assignment: International Economics
Please use APA format. This is a MBA course not an Associates Course so please be knowledgable in Economics in order to help. Also Please have access to the textbook. The link below is the actual textbook:
Course Textbook: Krugman, P., Obstfeld, M., & Melitz, M. (2013). International economics: Theory and policy (9th ed). Upper Saddle River, NJ: Prentice Hall.
Questions:
1) What are the arguments for and against globalization? To what extent has globalization contributed to world economic growth? At least 550 words.
2) As of March 2013, the U.S. deficit balance was $16 trillion. Why do think the U.S. government should be concerned? Should the government be equally concerned, if it were a surplus? At least 550 words.