argument for whether the U.S should change its trade policy in response to the current economic crisis.

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Trade Policies for the Current Economic Crisis

The current economic state of the United States is quite alarming because of the recession that surprised most of the economists and politicians . The recession being experienced within the United States greatly affects the economic activities within the country , as well as the countries that are dependent on the American economy , which is one of the largest economies in the world

The American recession largely affects the businesses around the world because a large part of the

world economy is contributed by American investments . It is speculated that there will be a global recession that will happen probably next year . The International Monetary Fund (IMF also speculated the same theory in the next twelve months wherein the economies of the other countries will be greatly affected (Stewart

Countries that are largely dependent on the United States will suffer the most as they are also affected by the crisis on the major economic activities of U .S . This can be prevented if major economic reforms are put into motion in to save the economy of America . One of the actions taken is the U .S . bailout program . More of this programs and policies are needed to uplift the economy and sustain its stability

There is the urgent need to adjust the basic economic and trade policies to help relieve the effects of global economic crisis . The implemented policies by the government is unable to sustain economic growth and stability...