Assignment 3: Buy American RequirementsClick here (http://www.jacksonkelly.com/JK/pdf/zirkelbach.pdf) to read the short section on the Buy American Requirements in the Financial Fraud Law Report by Zirkelbach. Do a little further research on the Buy American Requirements to prepare to write the paper.Write a 3-4 page paper in which you:1.Summarize the main points of the Buy American Requirements. Maximum one (1) page.2.Explain whether or not you agree with the Buy American Requirements, and give the reasons for your opinion.3.Given that our government claims to promote competition, and that we call ourselves a “free market” (a.k.a. a capitalist society), do you think these requirements are contradictory to these claims? Support your answer with arguments and examples.4.There are exceptions to the Buy American Requirements set forth by the government. Explain whether you think these exceptions are fair and advantageous to our economy. Give reasons for your opinion.5.You must use at least three (3) qualified outside sources (for example, peer-reviewed journals, government or professional organization Websites), all cited in the proper APA style on a separate reference page.Your assignment must:•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:•Explain the characteristics of government contracting that affect pricing and what is considered fair and reasonable pricing.•Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs.•Use technology and information resources to research issues in cost and price analysis.•Write clearly and concisely about cost and price analysis using proper writing mechanics.