Question 1- LAST WORD:What is Say's Law? How does it relate to the view held by classical economists that the economy generally will operate at a position on its production possibilities curve? Use production possibilities analysis to demonstrate Keynes' view on this matter.

Question 2- Comment thoroughly on the following 3 issues.

1.President Donald Trump has claimed that China is 'kicking our butts' on trade.

2.Keynesian theory supports that in the last few years of his life, John Maynard Keyneswas much preoccupied with the question of balance in international trade. He was the leader of the British delegation to the United Nations Monetary and Financial Conference in 1944 that established the Bretton Woods System of international currency management.

3.Export/Import Bank of the U.S.