The economy is affected by business and business is affected by the economy. Write a 2-3 page paper covering the following main points:

The economy is affected by business and business is affected by the economy. Write a 2-3 page paper covering the following main points:

What is comparative advantage and how does it affect businesses?

What is the difference between free trade and fair trade? How does each affect business?

What is the difference between the budget deficit and the trade deficit, and how does each affect the economy?

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