Globalization in your life | Principles of Economics |

 

Tariffs on steel and aluminum are proposed to be set at 25% for steel and 10% for aluminum.

Watch the video Tariffs and Protectionism to prepare for this week’s discussion.

Reply to these questions in your post:

  • Who do you think will ultimately pay these tariffs? Explain your answer.
  • Describe a good or service you use that has been impacted by trade or globalization. What are some advantages and/or disadvantages you have experienced?

Discuss globalization with your peers:

  • Reply to a peer and discuss their experience with trade or globalization. Was your peer’s experience like yours? Did you learn something new from reading your peer’s reply?

Reply to classmate:

 Globalization in Your Life”Tariffs on steel and aluminum are proposed to be set at 25% for steel and 10% for aluminum.Watch the video Tariffs and Protectionism to prepare for this week’s discussion.Reply to these questions in your post:• Who do you think will ultimately pay these tariffs? Explain your answer.• Describe a good or service you use that has been impacted by trade or globalization. What are some advantages and/or disadvantages you have experienced?

I honestly think the American citizens will be faced with the financial burden. The taxes in the U.S. is something that all Americans are forced to pay and for our safety and protection to be assured Tariffs have to be paid. These Tariffs help pay for government programs, state funding and much more. A service that I feel that has been impacted In an positive light is healthcare. Everything from the treatment, bringing awareness to certain diseases has made such a huge impact on my life. No matter where I may go theirs always resources, supports and services to assist me. I love the campaigning that’s put out about seeking help and preventative measures one should take. Theirs so many ways to get help and treatment. Not to mention the unemployment rate has gone down because of the jobs that’s created by the health Care mov 

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