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International Economics: Trade

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International Economics: Trade

International Economics: Trade

 

The World Trade Organization (WTO) hosted their Public Forum 2019: Trading forward, Adapting to a Changing World in October 2019. This event focused on the future of global trade. In this paper I want you to focus on one of the issues discussed at this forum and relate it to what you have learned in this class but also your own hopes and expectations for global trade. You will write this paper as a group effort of two to three students.

 

BACKGROUND READING/VIEWING

Please go to the following site and pick one issue (discussed at one or more sessions) to be the subject of your paper. Listen/view the sessions as a starting point.

https://www.wto.org/english/forums_e/public_forum19_e/pf19_programme_e.htm

( I wrote down mine on 2nd page)

Find at least three scholarly and/or policy articles (list these articles at the end of your paper) that focus on this issue. Use these articles and the sessions you listened to/viewed  to answer the questions below.

 

STRUCTURE OF REPORT

  1. The first paragraph of your paper should provide a short description of the issue you chose as the focus of your paper. Explain why this issue is important and why we should care about it.
  2. The rest of the paper should include answers to the following questions:
  3. How do the readings/sessions contribute to answering the three broad questions

Three board questions:

  1. Why do countries trade with each other?
  2. Who gains and who loses from trade?
  3. How does trade affect the allocation and consumption of resources?

that we ask in the field of international trade?? Provide specific examples from the readings/sessions to substantiate your answer.

  1. Discuss the ways in which what you learned in this course helped you understand the main issues discussed in the readings and in the sessions.
  2. What are your hopes and expectations for global trade as they relate to the issues discussed in the readings and in the sessions?

                                  

GRADING CRITERIA

Your paper will be judged on the basis of the following criteria:

  1. Organization: The paper should be well structured, and ideas should be presented effectively so that there is an introduction, some closure and an orderly progression from one idea to another. Avoid including irrelevant information and make the paper as cohesive and focused as possible. Proper syntax, spelling and grammar are important.
  2. Analysis: The paper should complete all the required tasks listed above. The answers to all questions posed above should be thoughtful and reflect higher order thinking skills. The paper should analyze issues instead of merely listing them. The major ideas should be presented with clarity and logic. Always substantiate your assertions with at least one of the following: logical analysis from theories discussed in the readings; analysis/examples provided by other reading/scholars. Avoid paraphrasing or using direct quotes from the reading whenever possible. But if you use direct quotes please include quotation marks and cite page numbeMY TOPIC (one of the issues):

 

Schism: China, America, and the fracturing of the global trading system

 

 

Related background:

 

China’s entry into the WTO was heralded as historic, and for good reason: the world’s most populous nation was joining the rule-based system that has governed international commerce since WW2. The full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated ways.

Paul Blustein chronicles the process resulting in China’s WTO membership and the transformative changes that followed – for China, for its trading partners, and for the global trading system. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic take-off. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States.

 

 

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