Question 1: (10 points) "The United States and China are in a trade war." This view is widely held by economic analysts and occupies much space in current economic debates. a. Find at least three arguments that back the above statement by referring to concepts we looked at in class. Clearly name the concepts you are referring to. (6 points) b. By what means are the two governments trying to resolve the conflict? (2 points) c. How does this relate to the rules-based approach of international bodies like the WTO? (2 points)