Resource: Applying International Trade Concepts simulation
Access and complete the Applying International Trade Concepts simulation, located on the Materials page of the student website.
Prepare a 1,050- to 1,400-word paper answering the following:
· What are the advantages and limitations of international trade in the simulation?
· What are the effects on international trade on the U.S. economy?
· Explain how changes in fiscal and monetary policies affect exchange rate.
· List four key points from the readings emphasized in the simulation.
· How may you apply what you learned from the simulation to your workplace?
· What were the Concept Summary results?
Format your paper consistent with APA guidelines.