What type of tax is the proposed border tax compared to?
Goolsbee: Isolationist Thinking Makes You Poor, Not Rich

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income Tax
Value Added Tax (VAT)
Sales Tax
Property Tax
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of adopting mercantilism and protectionism?
Increased wealth
Economic growth
Economic isolation
Improved international relations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might happen if the US withdraws from the TPP?
The TPP will continue without the US
The US will form a new trade agreement with Europe
China may take the lead in Asian trade agreements
The US will dominate Asian trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the major goals for Trump's first 100 days?
Cut taxes and reform tax policies
Achieve 4% annual growth
Create 25 million new jobs
Increase military spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk if protectionist trade items are prioritized?
Economic growth
A bumpy ride for investors
Increased foreign investment
Improved trade relations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the TPP intended to do in relation to NAFTA?
Replace NAFTA entirely
Modernize and supersede parts of NAFTA
Exclude Mexico and Canada
Focus solely on intellectual property
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of renegotiating NAFTA?
Eliminating trade with Canada
Improving intellectual property rights
Increasing tariffs on Mexican goods
Reducing trade with Asia
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