Do you agree or disagree and why. Do you have questions based on the postings? Use...

Do you agree or disagree and why. Do you have questions based on the postings? Use references from the readings or other articles to support your position. Be sure to properly cite your references.

QUESTIONS:

1. (10 Points) What is the Trump administration's rationale for imposing tariffs on imported aluminum and steel? Should the U.S. impose tariffs on aluminum and steel?

2. (15 Points) Use supply and demand in a model with international trade to demonstrate the effect of an imported-aluminum tariff on the domestic price of aluminum.

3. (25 Points) What would be the effect of metals tariffs on U.S. automobile prices? What would be the effect on the construction of new buildings?

4. (10 Points) What are the rarely-used trade laws that the Trump administration may use to support its "America First" economic policies?

5. (15 Points) What the possible implications if the Trump administration imposes tariffs on steel and aluminum?

6. (25) Would you support a decision by the Trump administration to impose tariffs on steel and aluminum? Explain your point of view.

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Expert Solution

Rahul Sunny answered 1 year ago

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