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discussion:
Please, explain the difference between an export tax and an export subsidy. Which one do you believe to be the best, and why? Place yourself in the role of a small Main Street shop owner. Does your perspective change? What if you are a moderately sized West Coast software company? Do your feelings about either option change if you are a Midwest grain producer? 200 word
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Please read this article in your textbook – attached, and then do further research on the 17 rare earth minerals that are discussed in the article. Explain what China is doing with the rare earth industry, and come up with a proposal to counter China’s actions. Does the United States have an extensive rare earth industry? If not, what would you do to grow this industry and protect it? Your case study should be at least three pages in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Reference:
Feenstra, R. C., & Taylor, A. M. (2017). International trade (4th ed.). New York, NY: Worth.
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