BBA 4351, International Economics 1 Explain how advocates of strategic trade policy differ from the classical free market advocates in their treatment of externalities Your response should be at least...


BBA 4351,

International Economics




1 Explain how advocates of strategic

trade policy differ from the classical free market advocates in their treatment

of externalities Your response should be at least 75 words in length



2 Discuss the justifications and the

tenets of the General Agreement on Tariffs and Trade (GATT) and its successor,

the World Trade Organization (WTO) Your response should be at least 200 words

in length




3 Respond to the following statement:

“Anti-dumping laws are good for a nation” Your response should be at least 200

words in length



4 A nation’s balance-of-payment can be

grouped into several categories List and describe these categories Your

response should be at least 75 words in length




5 Concerning the balance of international

indebtedness, when is a country a net creditor or a net debtor? Your response

should be at least 75 words in length



6 Is it possible to trade foreign

exchanges in the future markets? How does such trading differ from the forward

market? Your response should be at least 200 words in length




7 Using an example to explain your

response, describe how exchange rates are determined in a free market Your

response should be at least 200 words in length



Note: Use as

Reference: Carbaugh, R J (2013) International economics (14th ed) Mason,

Ohio: South-Western





May 15, 2022
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