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ECO 212 Week 5 Individual Assignment International Trade Change Analysis

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ECO 212 Week 5 Individual Assignment International Trade Change Analysis

Instructions: "Gains from Trade" is the term that economists give to international trade. However, there are many economists that believe that the United States has been put in a 'lose' situation when it comes to international trade. Write a 1,275-word analysis of the following:   

  • Research international trade implementations in United States history.
  • Explain, in your opinion and research, what changes you would implement so that international trade is 'balanced' and that the United States wins more.
  • Explain your rationale for the new implementations.
  • Predict how this will affect the U.S. economy.
  • Integrate both objective and subjective analysis to international trade.
  • Integrate at least 3 of following terms: absolute advantage, comparative advantage, foreign exchange rates, gains from trade, unemployment, employment, GDP, tariffs, quotas, and/or trade agreements. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

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