Should we have unrestricted international trade? What does
"unrestricted" mean? Does it mean "free trade", no tariffs, no
taxes, no theft of intellectual property?
How does the United Nations Conference on Trade and Development (UNCTAD) assist developing countries with debt management?
What is the principal goal of the Association of Southeast Asian Nations (ASEAN)? How does it work to accomplish this goal?
Define free trade.
9. Why do many economists believe that unrestricted free trade
between nations will raise the economic welfare?
10. Explain Q.9 above in terms of absolute and comparative
advantage,
agreements to abolish most barriers to trade among
nations are known as:
a. free trade agreements
b. preferential trade agreements
c. neutral trade agreements
d. retaliatory trade agreements
There are two questions related to Trade Policies for the
Developing Nations - Respond both questions by one paragraph for
each
1. What are some of the growth strategies that have been
employed by the developing nations? How successful are these
strategies?
2. Describe the flying-geese pattern of economic growth? What
countries have pursued this strategy?
Mention at least two trade problems of the developing nations.
What are some of the growth strategies that have been employed by
the developing nations? How successful are these strategies? Which
strategy do you think works the best? Please make sure to provide a
real-world example and describe how a specific country adopted one
of these strategies.
Mention at least two trade problems of the developing nations.
What are some of the growth strategies that have been employed by
the developing nations? How successful are these strategies? Which
strategy do you think works the best? Please make sure to provide a
real-world example and describe how a specific country adopted one
of these strategies.