Module 05: Barriers to Trade and Additional Issues Module 05: Introduction The

Module 05: Barriers to Trade and Additional Issues
Module 05: Introduction
The course began exploring classical trade theory using a simple model based on assumptions that tend to be overly restrictive. We gradually relax some of those assumptions to better capture the complexity of the real world while preserving the fundamental insights of the model. In this module, comparative advantage will be explored. Learning OutcomesDifferentiate the different types of tariff and non-tariff trade barriers.
Judge the welfare effects of tariff trade barriers.
Critique arguments for and against erecting trade barriers under different circumstances.
Readings
Required:
Chapter 5 in International Economics
Ting, C., & Hsiao, Y. (2020). Exploring solutions for the trade barriers in Taiwan. Advances in Management and Applied Economics, 10(5), 17-34.
Recommended:
Chapter 5 PowerPoint slides
Zolin, M., Cavapozzi, D., & Mazzarolo, M. (2020). Food security and trade policies: evidence from the milk sector, case study. British Food Journal, 123(13), 59-72. Retrieved from https://doi-org.sdl.idm.oclc.org/10.1108/BFJ-07-2020-0577
Module 05: Critical Thinking Assignment
Critical Thinking: Trade barriers
Select a country of your choice (other than Saudi Arabia) and discuss why the country imposes trade barriers. What is the effect on the economy of the country? (Analyze the effect on the trade balance, employment, and economic growth). What are the arguments for and against trade barriers in your chosen country?
Directions:
Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin – Student Guide for step-by-step instructions.
Review the grading rubric to see how you will be graded for this assignment.