Discussion Post: The Effects of Foreign Trade on an Economy
Since the end of World War 2, world trade has been growing faster than world output. How does one country's trade with other countries affect its domestic economy in the areas of price level, interest rates, consumption, investment, wages, jobs, and gross domestic product (GDP)? Would it positively or negatively affect the country's economic growth? Discuss in detail.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.