Here is the synopsis of our sample research paper on CHINESE AND MEXICAN IMPORTS: AND THE IMPACT ON U.S. MANUFACTURING. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4-page paper discusses how Chinese and Mexican imports are affecting the U.S. manufacturing sector. For the most part, the Chinese imports have more of an impact on the U.S. than those from Mexico. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: D0_MTchmeim.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
without much in the way of tariffs or taxes. The idea behind globalization is that, when countries find their "specialty" niches, everyone benefits, as companies in these countries put out
the particular specialty product to satisfy everyones demand worldwide. As a result, goes the theory, all societies benefit from it. As with
any theory, however, the reality is vastly different. Even the United States, which is considered to be among the wealthiest nations in the world, is seeing some disturbing downtrends in
manufacturing, due from increasing exports from Mexico and China. Despite the best efforts among U.S. manufacturers (such as steel companies), these exports (which become U.S. imports) are definitely impacting companies
and jobs in the U.S. manufacturing sector. One issue with China is that not only is it increasing its import quota to
the U.S. (within guidelines, at any rate), its also keeping its exchange rate of its currency artificially low (Anonymous, 2004). What this means is that it provides an unfair trade
advantage over the U.S., because China can under price its imports, and has done so to the tune of up to 40 percent (Anonymous, 2004). What does this mean to
the U.S.? A huge trade deficit -- and loss of millions of manufacturing jobs (Anonymous, 2004). In terms of the trade deficit, according to statistics from 2003, the U.S. deficit
with China was at $125 billion -- which is the largest it has with any country (Anonymous, 2004). This means, in a sense, that the U.S. is taking in $125
billion worth more of goods from China than it is exporting to the same nation. What is especially frustrating to many U.S.
...