Instructions: PLEASE NOTE - The assignment for week 5 was graded with a "B" with the following comments from the professor: "make sure that you are using enough research throughout your paper. You are

Discussion Topic 1

A government official has presented an argument that a country’s economic strategy should be to should strive for both a trade surplus and a healthy inflow of capital from abroad. Explain why such a statement is economically impossible.

Discussion Topic 2

Why might a low-income country put up barriers to trade, such as tariffs on imports?