In addition to the required paper you may submit a 3-4 page typewritten essay on either Chapter 14 (The Financial Crisis and the Great Recession) or Chapter 18 (International Trade and Comparative Advantage) for extra credit. This paper is worth a maximum of five (5) points and is due at the next-to-last regular class meeting, Tuesday, March 11. Late submissions are not accepted.
For this optional assignment, read Chapter 18 and answer the following question: is international trade a good or bad thing for America? Or read Chapter 14 and answer this question: What were the major causes of the recent U.S. housing-market and financial crisis and how did that crisis lead to the Great Recession which followed? Be careful to relate your points in your own words rather than repeating the exact words of the authors.
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