1. If you are an advisor to the president and you are asked to develop some very good arguments for trade barriers, meaning some arguments for preventing the free flow of goods and services to America. In an essay not less than 300 words, explain what you would say.
2. Explain why domestic producers who supply a good that competes with imports would prefer an import-substitution approach to trade rather than an export promotion approach. Which policy would domestic consumers prefer and why?
3. How is the federal budget deficit affecting the U.S. economy? Essay should be about 400 words.
4. How dependent is American, on the Chinese economy? (at least 400 words)
5. Does unemployment benefit makes Americans lazy?