Question 1.

Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries. Explain which country is Capital abundant and which country is Labor abundant and support your answers with data/figures from the website or article you got the information from. For example U.S.A is capital abundant and Mexico is Labor Abundant when they trade. So talk about the labor statistics from the department of commerce and talk about the machines and natural resources they use.

Question 2.

Define Mercantilism in 2 paragraphs. Each paragraph should have 10 lines/sentences each. And also reference Mercantilism to a current business article and talk about How Mercantilism is portrayed in that article.