1. The first essay is by the economist Paul Krugman, who is a columnist for the New York Times. He won the Nobel Prize in Economics in 2008 for his contributions to trade theory. The Nobel Committee explains, ″Traditional trade theory assumes that countries are different and explains why some countries export agricultural products whereas others export industrial goods. The new theory clarifies why worldwide trade is in fact dominated by countries which not only have similar conditions, but also trade in similar products – for instance, a country such as Sweden that both exports and imports cars. This kind of trade enables specialization and large-scale production, which result in lower prices and a greater diversity of commodities.″ Krugman′s essay is from a book of essays on international economics. The essay is called ″Ricardo′s Difficult Idea″ and discusses why he believes so few people share the consensus of professional economists on comparative advantage. Link to the essay: http://web.mit.edu/krugman/www/ricardo.htm 2. The second essay is titled ″A Petition″ by the 19th Century political economist Frederic Bastiat. The essay is sometimes also referred to as ″The Candlemaker′s Petition″, and it is a satirical essay that deals with common objections to international trade. Link to the essay: http://econlib.org/library/Bastiat/basSoph3.html#S.1, Ch.7, A Petition (you may have to copy and paste this link). The assignment is to write a response to these essays that discusses the following questions: 1) Who was the audience for each essay? How did those audiences differ? 2) Are the arguments presented largely positive or normative? Do the authors tones differ? 3) What positive argument is each author giving in support of open trade? Do they directly address common objections?

- Select a medication that is either classified as an antidepressant or mood stabilizer. Based on your selection discuss the following information rela
- What are the factors that influence our perception? What is the link between perception and decision making? How do individual differences and organi
- Assignment will be based off of a 14 yr old 9th grade Interrelated resource (IRR) student with a Specific Learning Disability (SLD)?AssessmentandLear
- Take and upload a photo of an object around you that you believe fits the Golden Rectangle. Provide the length and width measurements and include the
- America has an interesting assortment of minor political parties. Use this?Directory of U.S. Political Parties?and select two Third Parties (NOT Demo
- Defines the concept of a digital, computer-based learning management system (LMS). Be sure to address the functionality needed by LMSs to ensure succ
- Gun-control is an issue over which intense lobbying takes place by various interest groups, most notably the NRA (National Rifle Association) and Han
- Why have third parties never really taken off in America? Would you like to see a third party alternative to the Democrats and Republicans? If yes, w
- For this assignment, you will research the strategic foundation for a sport ministry. 1. Provide a brief, introductory overview of the programs and a
- Produce a detail engineering drawing (CAD) including the front , right and top view of the iso metric image given below. pls follow the instruction a