. Reread the Country Focus “Is China Manipulating Its Currency in
Pursuit of a Neo-Mercantilist Policy?”
a. Do you think China is pursuing a currency policy that can be
characterized as neo-mercantilist?
b. What should the United States, and other countries, do about this?
6. Reread the Country Focus “Moving U.S. White-Collar Jobs Offshore.”
a. Who benefits from the outsourcing of skilled white-collar jobs to
developing nations? Who are the losers?
b. Will developed nations like the United States suffer from the loss of
high-skilled and high-paying jobs?
c. Is there a difference between the transference of high-paying whitecollar jobs, such as computer programming and accounting, to
developing nations, and low-paying blue-collar jobs? If so, what is the
difference, and should government do anything to stop the flow of
white-collar jobs out of the country to countries such as India?