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Chapter Three: What Is Happening in the Global Economy?

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China has not only increased its share of world trade but has also emerged as a major trading partner of the United States. Canada and Mexico remain the two largest US trading partners, but rapid growth in the developing world is allowing others to catch up.

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Discussion Questions

  1. How can we encourage productivity among workers?
  2. What are some examples of technology that have improved productivity among workers?

Additional Resources

  • Read Michael Boskin’s chapter “A Blueprint for Tax Reform” in Blueprint for America here.
  • You can find the rest of Blueprint for America here.
  • For more from Michael Boskin on marginal tax rates, click here.