A good/service the United States exports and a good/service the United States imports.

Description

Option #2

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. Review the grading rubric, which is be found in the Week 2 folder. Incorporate at least three scholarly references that are not required readings for this module.