Overview
Respond to two peers later. Week 4 Reading Week 4 Reading
- Read Chapter 6 in International Economics. Take notes, add to outline, and review study questions at the end of the chapter.
- Review the article: The 6 Dimensions of National Culture from Hofstede Insights.
- In Nafta Talks, U.S. Tries to Limit Junk Food Warning Labels.pdf Please review the following article, Members discuss guidelines for trade-friendly regulation and STOP sign for ‘junk food’.
Refer back to the article as needed when responding to the following Discussion Board Question.As non-tariff trade barriers become more widely recognized and the corresponding impacts are calculated, the World Trade Organization has become increasingly more active in their regulation. This week, we learned about an example of Chile's warning labels on junk food. For this discussion, find an example of a country facing scrutiny for policies like junk food labels. Give a brief overview of the situation including WTO’s response as well as the country you are researching. Do you think the WTO is justified in regulating such issues? Why or why not?