02 May DISCUSS WHAT THIS SUGGESTS ABOUT THE UNITED STATES ABSOLUTE AND COMPARATIVE ADVANTAGE WHEN IT COMES TO THIS GOOD/SERVICE.
Find one or more articles about a good/service the United States exports and a good/service the United States imports. In a well-written paper, explain the following:
Discuss what this suggests about the United States absolute and comparative advantage when it comes to this good/service.
Using the concepts of supply and demand, discuss what effect a “Buy American” campaign might have in the market for the imported good.
Given what economists have to say about comparative advantage, would such a campaign be good or bad?
Adhere to the following standards:
Your paper should be two to four pages in length, not including the title or references pages.
Review the grading rubric, which may be found in the Week 8 folder.
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