Question: Using the link on the page, access and complete the Applying International Trade Concepts simulation. Based on your learning, reading, and on the simulation, prepare a 1,050-1,400-word paper answering the following:
a. What are the advantages and limitations of International Trade identified in the simulation?
b. What are the effects on international trade on the U.S. economy?
c. Explain how changes in fiscal and monetary policies affect exchange rate.
d. List four key points from the reading assignments that were emphasized in this simulation.
e. How can you apply what you learned from the simulation to your workplace?
f. What were the "Concept Summary" results for the assessment?