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—tudent Guide for step-by-step instructions.
- Review the grading rubric to see how you will be graded for this assignment**
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Your next Critical Thinking Assignment is due this week. Read the assignment description carefully and contact your instructor with any questions. Your instructor will also be conducting the next required Live Session.Learning Outcomes- Describe the different types of non-tariff trade barriers.
- Compare and contrast the welfare effects of non-tariff trade barriers.
- Critique arguments for and against erecting trade barriers under different circumstances.
ReadingsRequired:Chapter 5 in International EconomicsTing, 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
Chapter 5 PowerPoint slides – التنسيقات البديلة – International EconomicsZolin, M., Cavapozzi, D., & Mazzarolo, M. (2020). Food security and tradepolicies: evidence from the milk sector, case study. British Food Journal, 123(13), 59-72. https://doi-org.sdl.idm.oclc.org/10.1108/BFJ-07-2020-0577
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