1.) Individuals subscribing to a mercantilist or neo-mercantilist view of international trade consider trade as a zero-sum game. What do you believe are the implications of this in the context of international trade? Support your answer

2.) Identify the three most highly federally-subsidized industries in the U.S. (or in your country). Do the results surprise you? Do you believe these industries should be subsidized by the government? Why/why not?