Economics; government policy which will shift the offer curve of a country (i.e. change the country’s willingness to trade)
a. Find one January or February 2019 news article (Internet, newspapers, magazines) that deals with any government policy which will shift the offer curve of a country (i.e. change the country’s willingness to trade) Make sure you pick an article that meets this criterion.
What do you think will be the ultimate effects on the country making the change? Give at least three effects. Draw a diagram to show the shift in the Offer Curve and any other effects.
b. If there is an increase in tariffs in a country, what happens to its Offer Curve? Does the Terms of Trade increase or decrease?
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