All Flashcards
Who was Jimmy Carter?
US President who implemented trade initiatives in the late 1970s and early 1980s.
Who was Ronald Reagan?
US President who implemented trade initiatives in the 1980s and 1990s, including NAFTA.
Who was George W. Bush?
US President who implemented trade initiatives in the early 21st century.
Who was Barack Obama?
US President who implemented trade initiatives in 2009, including the negotiation of the Trans-Pacific Partnership (TPP).
Who was Donald Trump?
US President who implemented trade initiatives in 2017, including withdrawal from the TPP, the renegotiation of trade agreements with countries like Mexico and Canada, and the implementation of tariffs on a number of imported goods.
Compare the economic impact of the internet and cell phones.
Internet: Revolutionized commerce, communication, and information access. Cell Phones: Increased connectivity, changed social interactions, and impacted driving habits.
Compare the effects of NAFTA and the TPP.
NAFTA: Increased trade between US, Canada, and Mexico. TPP: Aimed to increase trade between US and Asia-Pacific countries.
Compare the trade initiatives implemented by President Jimmy Carter and President Ronald Reagan.
President Jimmy Carter: implemented a number of trade initiatives, including the creation of the Department of Trade and the negotiation of a number of free trade agreements. President Ronald Reagan: implemented a number of trade initiatives, including the negotiation of the Canada-United States Free Trade Agreement and the North American Free Trade Agreement (NAFTA).
When did the World Wide Web go public?
When was the iPhone first launched?
What was the significance of the 2008/2009 Great Recession?
A major economic downturn that had a significant impact on the US and global economies.
What was the significance of the creation of the Department of Trade?
Implemented a number of trade initiatives, including the creation of the Department of Trade and the negotiation of a number of free trade agreements.
What was the significance of the negotiation of the Canada-United States Free Trade Agreement and the North American Free Trade Agreement (NAFTA)?
These agreements helped to increase trade between the United States and its North American neighbors, and they helped to stimulate economic growth in the region.
What was the significance of the expansion of free trade agreements with countries in Latin America and Asia?
The Bush administration also supported the creation of the World Trade Organization, which helped to facilitate trade between countries around the world.
What was the significance of the negotiation of the Trans-Pacific Partnership (TPP)?
A free trade agreement with countries in the Asia-Pacific region.
What was the significance of the withdrawal from the TPP, the renegotiation of trade agreements with countries like Mexico and Canada, and the implementation of tariffs on a number of imported goods?
Marked by a number of significant changes in American trade policy.