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:
It was primarily "a. Baron de Montesquieu" who James Madison borrowed the idea of separation of powers from, since this idea was one of Montesquieu's main ways of ensuring that tyrannical governments did not form.
Answer: expanding suffrage
Explanation: B
The correct answer is (C) Thaddeus Stevens.
<h3>Who was Thaddeus Stevens.</h3>
From Pennsylvania, Thaddeus Stevens served in the US House of Representatives.
Thaddeus Stevens was a key figure in the Republican Party's Radical Republican movement in the 1860s.
Stevens, a fervent opponent of slavery and prejudice against black Americans, spearheaded the resistance to American President Andrew Johnson during Reconstruction in an effort to guarantee their rights.
Thaddeus Stevens played a key role as the chairman of the House Ways and Means Committee during the American Civil War, concentrating on the defeat of the Confederacy, raising money through new taxes and borrowing, destroying the influence of slave owners, putting an end to slavery, and securing equal rights for freedmen.
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Because people thought that they wouldn't get back their original money.
