Answer:Economists have had an enormous impact on trade policy, and they provide a strong rationale for free trade and for removal of trade barriers. Although the objective of a trade agreement is to liberalize trade, the actual provisions are heavily shaped by domestic and international political realities. The world has changed enormously from the time when David Ricardo proposed the law of comparative advantage, and in recent decades economists have modified their theories to account for trade in factors of production, such as capital and labor, the growth of supply chains that today dominate much of world trade, and the success of mercantilist countries in achieving rapid growth.
Explanation:
Answer:
They have to pay property tax, but the amount would be lower than middle age couple
Explanation:
Most states prepare a certain amount of Exemption for retired people's property tax. The amount will be different between each states, and the majority of states allow the exemption only for elderly who are 65 years old and above.
For example, if that elderly live in new york, they will receive 50% exemption from their property value. If they live in Houston, they'd have a fixed $160,000 exemption plus additional 20% of their property value.
Answer: by using local property taxes to fund public schools, trapping poor children in poor schools
Explanation: Jonathan Kozol is an American writer, educator, and activist best known for his publications on public education in the United States. In savage inequalities, Kozol pointed out how students from poor family background are trapped in poorly funded schools since public school funding comes from local property taxes which vary widely between communities.
The basis of Kozol's argument is the comparisons between rich and poor school districts, in particular the amount of money spent per child. School districts with relatively wealthy property-owners are spending over $20,000 per year per child while school districts where poor people live spend about $11,000 per year per child.
The pertinent question he asks is whether it is fair or right that the place of one's birth or residence should determine the quality of education a child is entitled to.
