Module 05: Critical Thinking Assignment
CT Module 05: Barriers to Trade and Additional Issues
Trade barriers
Select a country of your choice (other than Saudi Arabia) and discuss why the country imposes trade barriers. What is the effect on the economy of the country? (Analyze the effect on the trade balance, employment, and economic growth). What are the arguments for and against trade barriers in your chosen country?
Directions:
Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
INSTRUCTIONS
Review the grading rubric to see how you will be graded for this assignment.
The course began exploring classical trade theory using a simple model based on assumptions that tend to be overly restrictive. We gradually relax some of those assumptions to better capture the complexity of the real world while preserving the fundamental insights of the model. In this module, comparative advantage will be explored.
Readings
- Required:
- Chapter 5 in International Economics
Dhingra, S., Freeman, R., & Huang, H. (2022, November 13). The Impact of Non-tariff Barriers on Trade and Welfare. Wiley Online Library. Retrieved October 11, 2023, from https://onlinelibrary.wiley.com/doi/full/10.1111/ecca.12450
Recommended:
Chapter 5 PowerPoint slides
Vysotckaia, V. (n.d.). Non-tariff measures of international trade: literature review. Non-tariff measures of international trade: literature review Abstract Introduction. Retrieved October 11, 2023, from https://www.nispa.org/files/conferences/2021/e-proceedings/system_files/papers/Non_tariff_measures_in_international_trade_literature_review.pdf