1. Putting into consideration the many purchases you have made over the last year, describe the products you have purchased that came from outside the U.S.

2. Discuss why you feel these products were imported into the U.S. market.

3. Explain who benefits from these products being imported.

4. Discuss who has lost out because of these imports.

5. Analyze the gains from trade with the aid of the theory of comparative advantage.

Answer rating: 100% (QA)

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