• State the article or event selected.
• Identify the equilibrium price and quantity for your chosen country and/or international firm's goods.
• Describe the differences between an effective price ceiling and an effective price floor.
• State whether your chosen country or international firm experiences a price ceiling or price floor and why.
• Explain whether your firm has been able to reap the benefits from additional consumer surplus and why.
• Identify the market equilibrium on price and quantity for your chosen country or international firm.
• Analyze the relevance to real-life applications.