Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. The current US and China tariff “war” cannot be used since these are the two largest economies in the world. Investigate the impact of the trade barrier on the developing country’s business sector and quantify the impact, if possible. Would you recommend that the developed country eliminate the tariff? Explain your reasoning.Refe
References :
Chapter 4 in International Economics
Hoekman, B., & Shepherd, B. (2021). Services trade policies and economic integration: new evidence for developing countries. World Trade Review, 20(1), 115-134. Retrieved from https://www.cambridge.org/core/journals/world-trade-review/article/services-trade-policies-and-economic-integration-new-evidence-for-developing-countries/04BA024C0F1516A44099FC2856CE4602
International economics by Robert J. Carbaugh.17edetion
Sugiharti, L., Purwono, R., & Padilla, M. (2020). Analysis of determinants of Indonesian agricultural exports. Entrepreneurship and Sustainability Issues, 7(4), 2676-2695. Retrieved from https://jssidoi.org/jesi/issue/28
Buchel, K., Legge, S., Pochon, V., & Wegmuller, P. (2020). Swiss trade during COVID-19 pandemic: an early appraisal. Swiss Journal of Economics and Statistics, 156(1). Retrieved from https://sjes.springeropen.com/articles/10.1186/s41937-020-00069-3
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