Question

Short Answer Questions

1. Explain trade barriers and list two kinds of trader barriers.

2. Is trade today different from the past? Please list three points to support your opinion.

3. In your opinion, what's the impacts of globalization on international trade?

4. Some people say international trade is always bad while some other people believe that international trade is always good. Do you think their opinions are right or wrong? Please defense your answer with what you learned in this class in detail.

5. Which one of the three basic international trade models (i.e., the Ricardian Model, the Specific-Facotor Model, and the H-O model) do you like most, why? (Please explain with real world cases or relevant theories)

6. Talk about your gains and thoughts during and after studying international trade.

Answer 1

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