Discussion Post due tomorrow
Post a short one paragraph response to each of the following two questions with supporting reference(s).
Discussion Topic 1
A government official has presented an argument that a country’s economic strategy should be to should strive for both a trade surplus and a healthy inflow of capital from abroad. Explain why such a statement is economically impossible.
Discussion Topic 2
Why might a low-income country put up barriers to trade, such as tariffs on imports?