Friday, April 11, 2014

To trade or not to trade...


In class, we discussed the numerous methods in which trade barriers are implemented.  To what extent do trade barriers contribute to or hinder economic growth?  You are to conduct further research on the issue of trade barriers vs. free trade before responding to the questions below. In addition to explaining your point of view, please include a link to a website that supports your argument.

  1. Do trade barriers help or hinder economic growth?
  2. Use one of the arguments from the textbook to make the case for or against protectionism.
  3. Should politics play a role in the trade barriers vs. free trade discussion?  Explain.