Should Free Trade be a Goal Assignment

05.05 Evaluating Trade IssuesYour Name:_Brandon Fann__________________________Instructor:_Mrs. Cash_____________________________Now that you are familiar with trade barriers and the reasons they may or may not be used, it is time to evaluate a tradeissue for yourself. You will read and analyze two images related to trade. Then you will take a stand on the issue.Choose twodifferent visual media items that express opinions about trade agreements, barriers to trade or free trade.Theresource listprovides some examples of visual media and guidance on where to locate them on the Internet.Besure to include the media item, or directions on how to access it, with your assessment.Make a note of the key eventsand ideas evident in the item, the creator and date of origin, and be sure to read any captions or quotes that areincluded.Analyze the message delivered by each of your visual media items.For each item, respond to the following questions incomplete sentences. Cite evidence from the resource and the lesson to justify your responses.I.Visual Medium Item One…Include media item or directions on how to access it online here (you can copy and paste a picture or include a link to asite)

Economics module 05.05 Should Free Trade Be aGoal? AssignmentVisual Media Item One:Pro Free Trade (it's the picture above)1.What is the issue discussed in the visual media item you chose?:The issue in thisvisual media item I chose is that the man is against free trade when in the cartoon itstates that, “You drive a Japanese car, drink french wine, eat Chinese food, own anAmerican computer, buy Canadian lumber and vacation in Mexico. How can you beAGAINST free trade?!” Implying that the man buys and uses stuff from all around theworld but is somehow still against the idea of free trade.2.What is the creator’s viewpoint on the issue? What details in the resource supportthe author’s claim? Provide evidence from the item to support your response:Theauthor's viewpoint, for free trade is that him saying at the end, “How can you be

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Outsourcing jobs put American jobs, and lives on the line everyday. Although outsourcing

has its benefits, it's overall damaging. Many citizens have lost their jobs, simply because

companies are not willing to pay higher prices for supplies and labor.

Many people are for outsourcing, and many are against it. One of the reasons many are

against outsourcing is because it eliminates jobs in the U.S. and the quality of products can be

diminished, since it's made with lower labor wages, and done quickly. Job outsourcing is a way

for companies to save money, but at what cost? In the “ Cost of American Outsourcing” article it

states “Labor overseas can be anywhere from five to20 percent of what it costs in the States”. With

statistics like this, there is a valid reason for companies to outsource. The point of most companies is

to make profit in the grand scheme of things. But undermining America's working class is a silent

killer.

Of course we should and need to trade. The benefits for the companies are clear, lower

labor, and supply cost. This not only hurts the U.S. economy but it hurts the workers who are

severely underpaid, working in terrible conditions. Child labor is a thing of the past in this

country, but is a thing of the present, and future for many countries that we oputsoruce jobs to.

Companies who outsource often deal with the overseas companies who make products terribly,

miss shipping deadlines, these products won't be made with the same care if the person

producing it lives very poorly, and doesn't get paid much. Outsourcing jobs will lead to other

countries getting stronger in terms of innovating, and leave the U.S. behind. Outsourcing

hinders a healthy American economy, it states in

https://capitalcounselor.com/outsourcing-statistics/“ Around 300,000 jobs are outsourced by the

US annually”. THis statistic shows how many jobs are being taken just for lower cost.

We all know that “America runs on Coffee”. According to

https://www.worldatlas.com/articles/top-10-coffee-consuming-nations.html , the average pound

per person a year on coffee is 9.26. Yet we aren't anywhere near the top producers of coffee,

simply because we cannot produce coffee like other countries due to soil, weather, fertilization,

etc. This is when outsourcing is a well mannered investment. A developing country like Brazil

produced “In 2018,Brazil produced 61.7 million 60-kilogrambags of coffee.”zThe coffee

industry in the U.S. is better off outsourcing coffee from other countries due to the purity and

how great the coffee is procured in these countries. Everyone loves Starbucks but where do

they source their coffee. It states on

https://www.businessinsider.com/starbucks-mcdonalds-dunkin-animated-map-shows-where-coff

ee-comes-from-2019-7“Starbucks sources its coffeefrom more than 30 countries in the three major

growing regions of the world. The company's breakfast and house blends come from Latin America. And

their popular Pike Place roast comes from Colombia and Brazil. After sourcing the beans, Starbucks roasts

them in the US and then distributes them among more than 14,000 stores nationwide.”uSome of the

barriers a U.S. company would face trying to trade with brazil would be tax burdens, high tariffs,

and a difficult customs system. IT states in

https://www.trade.gov/knowledge-product/brazil-trade-barriers “On October 19, 2020, the United

States and Brazil signed a protocol to the bilateral Agreement on Trade and Economic

Cooperation (ATEC) covering commitments in three areas: trade facilitation, good regulatory