For this assignment provide a short paragraph or two about how the material from Chapters 20 or 21 apply to your life. It might be something you do, something that has impacted your choices or some article you have read that fits the ideas we have examined. Make a clear statement about the class concept 'and' how it has played out in your own life, either personally or professionally.

Chapter 20: International Trade contains extensive data updates, a streamlined presentation of the arguments in favor of protectionism, a new Key Graph on the economic effects of tariffs and import quotas, and an updated and consolidated discussion of multilateral trade pacts, including the USMCA revisions to NAFTA. Chapter 21: The Balance of Payments, Exchange Rates, and Trade Deficits offers significantly streamlined coverage of fixed exchange rates, extensive data updates, and various edits for concision and clarity.

Reference: McConnell, Macroeconomics, 22e