1. What industries and job skills in the United States have benefitted from growth of international trade? Which ones have suffered?

2. offer your views on which two investment types would be most suitablefor yourself. Explain why. Is your investment philosophy conservative, moderate, or aggressive? Givetwo reasons to support the adoption of your philosophy. How does your viewcompare with the philosophies of other members of your class? Based on your investmentphilosophy, which one type of fund would be of most interest to you if you weresaving to buy a home several years from now? Give reasons why. Have you or anyone in your family invested in mutual funds or exchangetraded funds? What positive and/or negative experiences can they report?

3. Using the data in the table below, explain the equilibrium quantity and equilibrium price for a cellular telephone. Draw a graph to show equilibrium price and output.

Price Quantity Quantity (dollars per demanded supplied cellular phone) (thousands) (thousands) 100 50 100 80 55 80 50 60 60 20 100 40