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Pages:
1 page/≈275 words
Sources:
1 Source
Style:
MLA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Why a Trade Deficit isn't like Losing Money

Essay Instructions:

There's an example of the journal, and your journal should look exactly the same.
READ a newspaper or news magazine on a daily basis.
CHOOSE any recent article (written on or after January 1, 2017) that appears to be relevant to the topics being studied in class.
FORMAT: 1) Summary: briefly summarize your chosen article; 2) Critical Analysis: critically analyze it using your own words; 3) Critical question: pose a significant question from your article.
ATTACH a copy of the article along with your analysis.
TOPICS: Trade deficits (Export or Import)
The summary is complete and accurate and gives details.
Analysis has a clear evidence of critical thinking and original thought.
Question is provoking critical thinking.
Tips for successful Economic Journal
1) Label the sections of your journal: a. Summary; b. Critical Analysis; c. Critical Questions.
2) Summary
a) Your summary should be limited to information you found in the article.
b) The source and the main idea of the article should be in the first sentence.
c) Summary should specify the main ideas presented in the article.
d) Do not use direct quotes more than once. Use your own words.
3) Critical Analysis
a) Analysis should be based on your summary
b) It must be entirely your own words. It may include your agreement or disagreement with some part of the article, personal opinion or observations about the subject.
4) Critical Questions
a) Do not be too general or obvious.
b) It should come from your analysis.
c) It should be specific and provoke critical thinking.

Essay Sample Content Preview:
Student Name Professor Name Course Date Trade Deficits A trade deficit is defined as the balance of trade, net exports or commercial balance between the monetary value of a country’s imports and exports over a specific period, but sometimes a trade deficit is considered the byproduct of a powerful economy. In Why a Trade Deficit isn't like Losing Money, Patrick Gillespie writes that Americans nowadays feel happy buying their own products rather than depending on exported items. In a globalized economy, they increasingly spend thousands of dollars on imported goods and consider exported products as a waste of money. Products like clothes, auto parts, electronics, and others are being manufactured locally but marketed worldwide, which means the United States of America is not just a manufacturing economy but has become a powerhouse in products and services (Gillespie 2017). President Donald Trump believes that America is the winner in global trade and other countries are nothing more than a disaster. In his opinion, the country’s trade defi...
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