Problem
Why might the United States want to renegotiate its commitments under NAFTA? What about Canada? Mexico? What advice would you give those involved in negotiations in light of the possibility that domestic policies can favor certain industries, giving them an unfair competitive advantage in global markets?
Make sure your response is detailed and include in-text citations and references.
Chapter 32, Page 329: Read What Should We Do Now? answer the following questions in a standard, minimum of five paragraphs essay.
• What is likely to happen if entitlement spending is not reduced?
• Think Tanks A, B, and C proposed solutions to the problem if entitlement spending. Which of these solutions do you favor? Can you think of a different solution? Explain your answer.
• Using the economic way of thinking, explain why politicians might want to drag their feet on fixing entitlement spending.