This assignment is specifically referencing an article that I will link. It’s called, “Trade and Investment Are Not a
Balancing Act”, it’s a CATO Institue Policy Analysis. I need to answer four questions about the article.
1. Why did the 2019 legislation introduced by senators Tammy Baldwin and Josh Hawley want to tax U.S. capital flows? What were the bill’s intended goals?
2. According to the article, what would be the long-term consequences of reducing foreign capital flows into the U.S.?
3. How do Americans benefit from foreign investors and firms having open access to U.S. financial markets?
4. Do you think attempts by the U.S. to reduce its trade deficit can help restore employment in domestic manufacturing? What does the empirical evidence suggest?
This assignment is very straight forward, no other references are necessary.