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After reading the 2015 Index of Economic Freedom and conduction your own research on trade address the following: What are some of the key findings

After reading the 2015 Index of Economic Freedom and conduction your own research on trade address the following:

  1. What are some of the key findings of the report?
  2. How does the United States stack up to other countries in terms of openness to trade?
  3. The United States has routinely experienced pervasive trade deficits which decrease GDP. What are the arguments one would make for or against greater openness to trade given these deficits?
  4. What has been the recent movement of the dollar against other world currencies? How does this movement impact trade, trade deficits and overall economic growth in the United States?
  5. How does the term fair trade mean?
  6. What are your recommendations for public policy as it pertains to multilateral trade agreements and general openness to trade? Support your recommendations.

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