Economists have long held that trade benefits both parties who trade. Recent political activity has challenged
that notion.
Write about the amount of trade the U.S. has with the rest of the world. Consider the amount and type of imports and
exports that the U.S. is involved in. Who are our largest trade partners? What types of goods are traded? What barriers to
trade have been suggested by President Trump? Why did he propose these bartiers? How have our trading partners
responded? Find specific examples. Do you believe that government intervention in trade justified?
Sample Solution
