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QUESTION

Week 2 Supply and Demand

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 is be found in the Week 2 folder.
  • Incorporate at least three scholarly references that are not required readings for this module. The CSU-Global Library is a good place to find these references.
  • Be sure to follow the APA Citation
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