A brief background of NAFTA and the problems of exiting NAFTA. A good discussion within the video covers the parties that gain and the parties that loses from NAFTA. A good note in the video is that the jobs that are lost are different from the jobs that were gained.
When countries decide not to participate in international trade, we enter a world of autarky. Few of us realize the impact that international trade has on our daily lives. One grocery store in Germany decided to remove all foreign-made products from their shelves in order to make a statement about trade, immigration, and diversity.
This clip was originally recorded by instragram user @Heinzinger and then shown on a Germany news channel with the additional commentary added on top of the original video. Thanks to @NinjaEconomics for bringing this to my attention.
In this satire piece, The Onion News Network interviews employees who are outsourcing their labor to foreign workers so that they can have more fun in the office.
Many people are upset with outsourcing, but they aren’t willing to pay the price difference to ensure their products are made in America. In this scene from Outsourced, Asha walks an angry customer through the process of locating an American-made product only to find that he isn’t interested in paying the higher price.
Mr. Todd discusses with his new Indian staff that they must understand the culture of the clients that will be calling them. They go over examples related to the differences between US and Indian culture and also practice with callers.
This is one of the better “lyrics” music videos made by a YouTube user for Brad Paisley’s American Saturday Night. I use this song as my pre-class music for the international trade chapter. I use this as an introduction to start talking about why we have preferences for items from certain regions of the world and why we don’t just make them all here?
This is one I only show after some serious prepping that I don’t care about the politics behind it. John McCain was asked his thoughts on NAFTA during the Iowa primaries. The end is geared toward the politics, he does a nice job explaining the pros and cons of trade agreements. I find that when students hear the same message from other people, they tend to remember it.