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Hi there, I need help with this assignment! 1, Read this background article: A Quick Review of 250 Years of Economic Theory About Tariffs(Links

Hi there, I need help with this assignment!

1, Read this background article: "A Quick Review of 250 Years of Economic Theory About Tariffs(Links to an external site.)".The article provides a quick history of tariffs andexplains well specialization, trade, and absolute and comparative advantages.

2, Find a current articleabout the trade war between the U.S. and China.

3, Craft a post that engages the articles in steps 1 and 2; then answer some questions below ( be focused on the reasoned analysis and economic application)

  • How is the concept of comparative advantage reinforced (or not)? - Required question to answer
  • What are some of the misconceptions of international trade?
  • How does trade between countries benefit all parties involved?
  • What are the unintended consequences of tariffs?

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