Barriers to Trade and Additional Issues
Critical Thinking: Trade barriers
Q- 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 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 academic writing standards and follow APA style guidelines.
Review the grading rubric to see how you will be graded for this assignment.
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
Learning Outcomes
Differentiate 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.
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