Economic question

1.True/False, and please explain why using your own words

A cyclical balanced budget would allow for the implementation of countercyclical policies without affecting the level of the national debt

2. If the economy is experiencing a recessionary gap, what kind of international trade policy would you recommend to adjust the economy back to the potential income?

3. After studying the YOutube videos on Brexit, and Nafta, please briefly discuss the advantages and disadvantages to sharing resources under trade agreements.