Political Economy of International Trade: What instruments do governments have available to encourage or impede trade?
Political Economy of International Trade
Trade Restriction
What is insider trading? What law(s)/court case(s) prohibit insider trading and why?
Explain how retaliation to aaffects the gains from trade.
Describe how foreign trade would be affected if banks did not provide trade-related services.
Describe how foreign trade would be affected if banks did not provide trade-related services.
Explain how a microeconomic view of international trade differs from a macroeconomic view of international trade.
Explain how a microeconomic view of international trade differs from a macroeconomic view of international trade.
What are Regional trade agreements, and how is Europe handling regional trade agreements?
What are Regional trade agreements, and how is Europe handling regional trade agreements?
How did world trade boost the European economy, and what were the drawbacks of world trade?
How did world trade boost the European economy, and what were the drawbacks of world trade?
Trade-offs
What are trade-offs? Why is careful consideration of trade-offs important in decision making?
Under absolute advantage, specialisation does not automatically imply that trade will occur between trading partners, because?
Under absolute advantage, specialisation does not automatically imply that trade will occur between trading partners, because?
Free Trade
Please explain the purpose of free trade
Differences in environmental starandards regarding free trade
The World Trade Organization
What is the World Trade Organization (WTO) and how does it help foster multilateral trade.
