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What theory of trade best describes why the US imposed the aluminum tariff on Canada? What theory of trade best describes why Canada produced and

  1. What theory of trade best describes why the US imposed the aluminum tariff on Canada? What theory of trade best describes why Canada produced and exported aluminum to the US? Explain and support your answers.

Trade Theories:

  • Mercantilism
  • Absolute Advantage
  • Comparative Advantage
  • Heckscher-Ohlin
  • Product Cycle
  • New Trade Theory
  • Porter's Diamond
  • CAGE Framework

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