Answer:
The benefits of trade agreements are not felt evenly by all industries in an economy. In fact, even member nations gain varying advantages by entering into trade agreements. However, despite these drawbacks, the United States continues to act on its commitment to free trade. In 2005, the United States signed a fair trade agreement (FTA) with Australia, and in 2012, it signed a trade protection agreement (TPA) with Colombia. Both agreements have been in force for a while. Now the question is, Have these agreements benefited the US economy? Let’s examine the impact of the bilateral agreements with Colombia and Australia on the US economy.
According to the USTR, the International Trade Commission (ITC) predicted that the United States–Colombia TPA would increase national GDP by $2.5 billion (Office of the US Trade Representative). Under the TPA, US exports to Colombia increased from $12.0 billion in 2010 to $18.3 billion in 2013 (US Department of State). The TPA seems to have delivered on its promise, because according to the USTR, US exports to Colombia increased by 30% in 2013 (Office of the US Trade Representative). So financially, Colombia is a lucrative market for the United States. However, the main opposition to the TPA stemmed from concerns about the terrible labor conditions in Colombia and the violent threats to those seeking to improve labor conditions in a country rife with crime. Although violence is a major concern, the FTA will eventually help both nations by bringing about social and labor reforms through economic activity. By helping Colombia become a peaceful country, the United States can pave the way for increased trade with Colombia in the future.
The United States–Australia FTA received considered opposition in both countries. US dairy farmers, ranchers, and small farmers were anxious about job losses resulting from the free entry of Australian products into the US market. However, if we judge by the boost in exports, the FTA has contributed to overall US economic growth. According to the USTR, in the first five years of the FTA, US exports to Australia increased by 33% (Office of the US Trade Representative). The FTA removed all tariffs on American imports into Australia, giving US exporters barrier-free entry into Australian markets.
The export industry plays a key role in driving economic growth and generating jobs in the United States. Colombia and Australia are two large and important markets for US exporters. The United States faces competition from other nations for access to these markets. By signing trade agreements, American goods can compete effectively in these markets. Although the agreements with Colombia and Australia are opposed for valid reasons, the agreements will benefit the US economy over time
Explanation:
The main reason why the US joined the war was because multiple attack on passenger and merchant ships with submarine attacks .The final straw was when the RMS Lusitania by a German u-boat going to Liverpool England .
Bye bye bye bye bye bye bye hey hey ensue eye yay what’s sues suwhen sjsu’s sustenances dustheap disuse sjsu hey hey hey hey hey hey hey hey hey hey hey hey hey
My Father said he was let go. "Let go from what, Father?" I asked curiously. He walked to his and my Mother's room. Not too long after, I heard yelling. It wasn't until my Father stormed out of the house that I heard my Mother cry. What was happening? It wasn't until now, 4 years later that I understood what happened.
They call it "The Great Depression," it's a quite accurate name. My Father was unemployed, and started drinking. My Mother decided to attempt to get a job, even then, there wouldn't be enough money to support my Father's Alcohol addiction, my brother and myself. I've also noticed my neighbors talking about my Mother when I am doing my house chores. We have resorted to going to St. Paul's potluck Tuesday worship. Everyone who went, usually only went to get a full stomach.
I am in charge of patching up our clothes. We cant afford new ones, so I have to fix the ones we already have. Everybody says, "Use it up, wear it out, make do or do without,” maybe it'll catch on. This depression has taken a tole on everybody however, some families more than others. Everything has gone wrong, I heard about this crime duo, Bonnie and Clyde? They are going around robbing banks in the North. It's not so safe, so Mother says I have to be in by 5 in the evening. What are we going to do if this never gets better?
Hope this was good enough, made it up as I went along so you shouldn't have to worry about plagiarism. :)))
The clause that made Germany foot the bill (pay for the cost of damage done to the countries that were destroyed in the war)
