How does trade policy affect the AD-AS model?
Read the economics article, and answer the questions
How does trade policy affect the AD-AS model?
1) According to the article, what events have led to the negotiations beginning today between
the U.S. and China?
2) According to the article, what issues are being negotiated?
3) According to the article, what has been the impact of the trade war?
4) Using the AD-AS model, graphically show the state of the economy (for either U.S. or
China, it will look the same) currently due to the trade war.
5) Using the AD-AS model, graphically show the economic impact of a permanent trade deal, if
one is reached
Answer preview to trade policy
APA
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