Answer: Economic imperialism is defined as the extension of economics to. topics that go beyond the classical scope of issues, which include. consumer choice, theory of the firm, (explicit) markets, macroeco- nomic activity, and the fields spawned directly by these areas.
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The article states "<span>Mississippi, Florida, Alabama, Georgia, Louisiana, and Texas all left the Union by February 1. On February 4, delegates from all these states except Texas met in Montgomery, Alabama, to create and staff a government called the Confederate States of America." so 2 they voted to secede
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I think that the answer is deficit spending
Initially, you might want to look at how little America does produce- what could we even offer to a nation that produces almost everything. Another reason why Americans may be at a disadvantage with trading with China is due to our HUGE trade deficit- we owe so much money. On top of that, taxes on things being traded can be used against nations, if we traded with China and they raised the tax on imports than it could impact us very negatively.