What is a major trade-off of trade policy?
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(Shattering the Myths about U.S. Trade Policy, Development Lessons for Asia from Non-Asian Countries), and view this TED Talk on foreign direct investment.Then, look at U.S. trade policies and at another market's trade policies. Contrast and compare the two countries in terms of their major trade policies. Which policy or policies do you think are most important and why? What do you think might be a necessary trade policy that has not yet been implemented? What do you think is the future of trade policies?
⢠Explain the differences between how advocates of active policy and advocates of passive policy view the economy.
⢠Recognize the rationales for international trade.
⢠Evaluate the arguments for trade restrictions.
⢠Identify the major types of trade restrictions.
1.
- What has been the evolution of the European Union's trade policy?
- What is the state of the EU's trade policy?
- How do the trends of its trade activity align with its policy intentions?
- Are there concerns or considerations for its long-term development?