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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. (Theories of trade: Mercantilism, Absolute Advantage, Comparative Advantage, Heckscher-Ohlin, Product Cycle, New Trade Theory, Porter's Diamond, CAGE Framework)
  2. What were the costs of the June 2018 - May 2019 trade war between Canada and the United States? What were the benefits of this trade war? Consider effects on individual organizations, nations, and globally. Explain and support your answers.

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