What are the feds normal monetary policy tools what


Discussion Question 1: International Trade

Discuss and compare:

• specialization
• absolute advantage
• comparative advantage.

Discuss two products for which the US has a strong comparative advantage.

Discuss two products for which the US has no comparative advantage.

Discussion Question 2: International Trade and World Development

Discuss the contributions that international trade has made to the strength of the US and world economies.

Discuss some disadvantages of trade.

Discussion Question 3: Federal Reserve Monetary Tools

What are the Fed's "normal" Monetary Policy tools?

What non-standard Monetary Policy tools did the Fed employ during the 2007-2009 recession?

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