In a free economy it is all about supply and demand. Incorporating scrapping, socialism, and lazy faire capitalism into the paper will earn you a doctorate. Basing this theory on Obama's speech last night on the energy sector. Is this a paper on micro or macro economics? I would love a project like this. Good luck.
P.S. Throw in the fact the ships that load steel in our ports, go to international waters, refine the metal, and bring it back to us for a cheaper price than we can do it on our soil and I bet your professor will offer you a grad ass job.
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