Question
Currently writing a paper on the effects of international trade on the Guatemalan economy (with the United States as the main focus since they are
Currently writing a paper on the effects of international trade on the Guatemalan economy (with the United States as the main focus since they are their largest trading partner) I need help on creating a normative statement and coming up with three policies to incorporate into my paper.
Recommendations: Make a normative statement by recommending at least three policies that you believe would help to mitigate the negative impacts or amplify the benefits of international trade or globalization for the country or region that you have chosen. Explain your rationale for the recommendations.
The three main reasons of positive/negative impacts of trade are below and I need a policy to correlate with each one.
1. (Negative) Trading internationally with the United States has made Guatemala's economy largely vulnerable to external shocks due to their over reliance on the United States economy.
2. (Positive) Increase in GDP
3. (Positive) Increased Employment/Job Growth
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