supply and demand 11

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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.
 
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