The writing assignment constitutes 20% of the final grade for the course. The paper should about 3 pages long with one and a half spacing.The criteria for determining your grade is as follows: organization, clarity of expression, general exposition of the material, and content.Question 1: The US Economy is experiencing a huge trade deficit over last few decades. Explain the causes and consequences of this trade deficit on the US economy.Question 2: Under what circumstances the trade deficit is really bad and under what circumstances the trade deficit is not too badExplain.Tips: A good understanding of chapter 18 will really help you to answer these questions. Chapter 19 will be helpful too. I suggest that you read chapter 18 (and also 19) thoroughly from your textbook.When you answer these questions, please make sure that you include necessary graphs and equations.You do not have to follow any specific format while prepare your writing assignment. However, I prefer that you use 11 font with 1.5 space. Also make sure that you have a reference page for all the sources you have used for your writing assignment.Finally, as an estimate, answer to each question should be about one and a half page.Here is the download link for the book to read Chapter 18 and 19.https://b-ok.cc/book/1193923/734c80
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