Question: Using what you have learned about specialization and trade, explain why an economic boycott of a country that misbehavessuch as Cuba or Irancan have a

Using what you have learned about specialization and trade, explain why an economic boycott of a country that “misbehaves”—such as Cuba or Iran—can have a significant impact on the standard of living of U.S. residents. How likely do you think it is that the United States would boycott China or Saudi Arabia? Explain your answers.

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