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1.Do countries want to have an even balance of trade? Why or why not? ______________________ If not, which do they want more of (imports or

1.Do countries want to have an even balance of trade? Why or why not? ______________________ If not, which do they want more of (imports or exports)? Why?

What do countries sometimes do if they feel they are losing "power" to try to balance the trade?____________________________.

3. Briefly explain the difference between Capitalism and Socialism. What is your opinion on why it is currently a hot topic in the US? Explain.

For example, if you say it is because of politics/election year...then you need to elaborate and explain why?

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