must have 4 credible sources 3 of which must be scholarly journals. Each source source must have a summary if two paragraphs. Sources must be social science articles
In your initial post
Find an article about an instrument of trade policy such as export subsidy, tariff, quota, technical barriers to trade etc…
– Summarize the article.
– Discuss the welfare effects of the instrument discussed in the article:
+ Effects to the consumers
+ Effects to the producers
+ Effects to the government
+ Effects to the foreign countries
– Discuss potential externalities caused by the instrument such as (but not limited to):
+ Potential retaliation from foreign countries
+ Job losses or job creations
+ Infant industry? national security? etc…
– Do some research and provide some information regarding the WTO rules toward the use of that instrument
