Address the following in 1,000–1,250 words:
- Increase exports of small and medium-sized businesses.What kind of programs should be put in place to improve information?What kind of technical assistance should be given to first-time exporters?What kinds of education do first time-exporters need to do business overseas?How can the government assist these exporters with new opportunities in international markets?
- What other kinds of assistance can the government give?
- Where should the trade missions go, and why?
- How can consumers help?
- What will this mean for business costs?
- How can the banks help?What does the Export-Import Bank do?
- What macroeconomic policies would be helpful?Should the Fed involve itself more in the foreign exchange rate?Should interest rates remain low?
- How do you reduce barriers to trade? What issues do you think will come up in new markets, with old trade barriers and enforcement of current trade agreements?
- How does the also increase services trade?
- How does all this achieve the president’s objective of reducing unemployment and increasing GDP?
- Are there any risks to businesses with this new policy?
- Are there any risks to U.S. fiscal, monetary, or trade policies?