Using your economic knowledge and your research, compose a 350- to 450-word editorial that evaluates the effectiveness of these two agreements in bettering the US economy. Keep in mind that evaluating means discussing the pros and the cons, picking the side that seems stronger, and using facts to justify your choice.

This is particularly problematic in countries with extensive publicly-funded higher education systems. After receiving training in their home countries, many people emigrate and spend their professional career in a more lucrative economy at the expense of their home country.

Globalization can also have a significant negative impact on taxation. Since many companies are able to trade with one country while being based in another, large corporations often exploit tax havens such as Luxembourg, Switzerland, and Hong Kong to avoid paying taxes in the countries where they generate their profits.

This can often hurt consumers in the form of higher taxes on consumer products and property. Since countries often have little control over where big companies register to avoid tax, they are often forced to raise other taxes in order to make up for lost revenues due to corporate tax avoidance.

Many economists and environmentalists have criticized globalization due to its environmental impact. Learn about the environmental effects of globalization in

jaquelinefvr jaquelinefvr · Answer 2 · 2021-08-27T21:03:27+02:00

After the economic recession of 2020, the US economy is expected to have significant growth in 2021, according to official data released by the IMF, it is expected that this year there will be an economic growth of 7%, which characterizes an economic recovery from the country.

According to recent articles, this growth was made possible by an economic policy of the Biden government, whose focus is on economic reopening after the restrictions of the pandemic, encouraging vaccination so that people can have security when resuming their lives and jobs.

Biden's Democratic speech has also attracted investors to the country, and the transition from one government to another may still have the inflationary effects of the former administration of the Trump administration, but for Biden, the infrastructure spending package proposed by him must be approved. by Congress to stabilize inflation by increasing organizational productivity.

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