Fair trade products typically are sold at higher prices. Who coptures these gains in revenue? What are predictors of pro or anti-free trade sentiment? Why are sweatshops often the best alternative available to workers in less developed countries like Vietnam or Pakistan? Are we better off if we only buy products made locally? Explain. Suppose the U.S. buys $2 of avocadoes from Mexico. Mexico then buys $1 of oranges. Mexico still has $1 left over. What does the balance of payments tell us about what Mexico can do with that remaining dollar? What is the difference between the current account and the capital account? Suppose the United States attempts to limit foreign competition by imposing limits on immigration - is that approach likely to be successful or unsuccessful? "Why? Suppose the United States attempts to limit foreign competition by imposing limits on outsourcing - is that approach likely to be successful or unsuccessful? Why? What does research show sbout immigration's impact on an economy