What are the benefits of comparative advantage


Assignment:

Write an essay on one of the following topics:

1. What government failures have led to major problems in American economics?

2. How has Obamacare affected American economics positively/negatively?

3. What are the benefits of comparative advantage?

4. Discuss cigarette taxes and American economics-why does the government keep raising taxes on cigarettes and what do they do with these tax revenues?

5. What was the Kyoto Protocol? How would American economics have been affected by it?

6. Discuss stadium building and their effects on city-wide economic earnings, expenditures, do the benefits outweigh the costs and other issues surrounding stadium building.

7. Is the current minimum wage fair? How does the minimum wage help or hinder Americans?

8. Discuss issues surrounding the American middle class toffy economically.

9. Do foreign investments threaten or help the American economy?

10. Discuss American economics and the prison system with an analysis of the positive or negative impact on the system.

11. Is environmental pollution a failure of the market?

12. Is the world short of food, or short of markets?

13. Are our resources scarce in relation to our needs?

14. How has globalization impacted the world's political realm?

15. Is there a relationship between globalization and migration?

Paper should be 4 pages, 12 pt. font, double spaced. All sources should be cited.

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Microeconomics: What are the benefits of comparative advantage
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