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Investigating Excess Capacity and Labor Practices

…manufacturing affects16 US trade partners that together accounted for just over 70 percent of US goods imports in 2025. Another investigation into forced labor practices affects the top 60 US trading partners, accounting for 99 percent of US goods imports in 2025. The investigations lay the groundwork for…

Merry Christmas!

…economy. The competitive equilibrium model allows for markets (households + firms + government) to determine the allocation of goods and resources. In theory, and if certain conditions hold, both models…