- Pick a country that you are interested in analysing (ANY COUNTRY).
- Find data on this country so that you can talk about trade.
- Google: Penn World Tables, World Development Indicators and other data sources.
- Explain how open this country is using an accepted measure of openness.
- Discuss the country’s major exports, trade policy and sources of comparative advantage.
- Use Google scholar to see what experts have said about the country. Cite their work!
- Imagine that your audience is non-economists, so explain all the terms that you use carefully.
- Reference your work.
- You have a 1000-word limit.
- Use double-spacing and Times New Roman Font 12.
This assessment is linked to the following Course Learning Objectives (CLOs):
- Manipulate economic models to analyse real world issues in international trade.
- Analyse the fundamental determinants of the size and pattern of trade to verify its determinants and its effects on the wider economy/welfare.
- Compare and contrast economic and political conditions in poor and rich countries to critically assess the incentives and consequences of trade liberalisation globally.
- Assess the impact of protectionist policies on the welfare in rich and poor countries to decrypt the political economy of trade reform.
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