Question 1: Why would a country impose a trade embargo on another country? What are a trade embargo's typical effects? Discuss an actual instance of a trade embargo on a country.
Question 2: Name an industry that experiences economies of scale in production and explain why the industry exhibits this characteristic. What actions can a country's government take which promote or hinder an economies of scale industry?
Please use Japan, China, Taiwan, or Mexico in the example used for this question.