For homework due Monday, August 27th at the beginning of class (do not email, you must print out and bring with you to class) please click on the link below and read the following article. You are required to read the article, and then provide a four-paragraph summary of the article. Each paragraph must include a minimum of five sentences each. Do not plagiarize or include your own opinions in the summary. Instead, read the article, and provide a summary in your own words. Be prepared to discuss the article in class if called upon.

http://www.npr.org/2017/08/22/544544791/in-solar-trade-dispute-will-proposed-tariffs-cost-industry-jobs?sc=17&f=1001&utm_source=iosnewsapp&utm_medium=Email&utm_campaign=app

In addition, answer the following questions below after your last paragraph.

1.) Do you agree with the idea that, if it is cheaper to buy a product from another country than to make it yourself, you should buy it from the other country? Explain.

2.) Would the U.S. economy be better off without importing so many clothing items from China? Explain.

3.) Part A. What is the difference between Absolute and Comparative Advantage in Trade? Part B. Which concept is the basis for why countries trade? In other words, would a country trade if they had an absolute advantage in trade? Yes or No? Why? Part C. Similarly, would a country trade if they had a comparative advantage in trade? Yes or No? Why?

Please note that late assignments will not be accepted.