Essay question 2

1.Can this be a better option for American people and our domestic economy? Yes, many business increases outsourcing to find newspecialized talent in different offshoring sectors as international or domestic to benefits the company view and improving theoverhead performance by specialization of agents in achieving the services needed, and well as geological aspects of better paying jobsfor Americans and in foreign sectors by the company expanding a greater budget flexibility and control. Producing economic growth bycreating jobs and better pay for individuals within their collective sectors. According to, Drucker, P., (1989). Management Theoristspublished article of the Wall Street Journal (WSJ) entitled, “Sell the Mailroom” states that it’s an beneficial benefit to businessstrategy of advocating”Outsourcing as a implemented element to reduce managerial cost.2.Do you agree or disagree that when business leaders outsource jobs to reduce production costs, they are harming the American economy?I am neutral in if I agree or disagree that outsourcing is damaging the American economy. I do think American jobs are depleting.However, America is saving money by paying a person in India $5/hr to do customer services as suppose to paying an American $12/hr. AnAmerican wouldn’t work a call center job for $5/hr.Does outsourcing jobs ultimately benefit the economy by resulting in better paying jobs for Americans?I don’t think outsourcing jobs lead to better-paying jobs. In the article Binswanger said- “…displaced workers find more productiveemployment and thus higher wages in other lines of work. I took this as, if there aren’t any entry bank teller positions available,then work hard and become a bank manager. This theory isn’t accurate because there aren’t many executives positions needed, so theratio of tellers to required managers will be like 10:1. While educations and bettering oneself is highly critical and can pay off,three unemployed people are competing for every one job.(M.Gongloff 2013)3.Discuss the pros and cons of using trade control?The pros are free trade increasing sales and profits for the U.S. and strengths the American Economy, and free trade creates AmericanJobs for the middle-class over a long-term prospects and that free trade helps the U.S. to support the poorest countries. And, that thefree trade reduces costly cost of labor, materials, delays on trade barrier as tariffs, quota and conditions with no delays onconsumers goods. The Cons argues that it limits the U.S. to loose more jobs, than gain and exclusives to workers with higher-wagesjobs, and many free trade agreements are bad for the U.S., and the company chosen offshoring alternatives because of the reduce cost tothe American job platform. Retrieved from, http://www.useconomy.about.comCanada reports been the strongest countries from its other members by been the U.S. leading holder over exported good for America andMexico have invested into Canada economy as well, and from the multilateral deals Canada has created more than 4.7 million jobs in(1994), and the Canada manufacturing company has soared since than holds 72 percent labor productivity of U.S levels despite Canada’shighly educated workforce in (2012). Canada remains the leading agricultural producer of products for America and shown increasingsales other sectors.4.Go to the USDA’s page on NAFTA (North American Free Trade Agreement). Explore the insights into NAFTA and discuss the impact of NAFTAon its members.NAFTA is one of the most successful trade agreements in history and has contributed to significant increases in agricultural trade andinvestment between the United States, Canada and Mexico and has benefited farmers, ranchers and consumers throughout North America.NAFTA kept Mexican markets open to U.S. farm and food products in 1995 during the worst economic crisis in Mexico’s modern history.Canada had been a steadily growing market for U.S. agriculture under the U.S.-Canada Free Trade Agreement (CFTA), with U.S. farm andfood exports reaching a record $11.9 billion in 2006, up from $4.2 billion in 1990.From 1992-2007, the value of U.S. agriculturalexports worldwide climbed 65 percent. Over that same period, U.S. farm and food exports to our two NAFTA partners grew by 156 percent.