1. What are the benefits and costs of U.S. antidumping laws? ($2,000)
2. These questions come from an article "White House to File Case against China at WTO Over Subsidies for Exports" which appeared in the NY Times (February 2015)
(a) What are the main accusations being made against China? ($1,000)
(b) What sanctions would China face if the allegations are upheld at the WTO? ($1,000)
(c) What connection does the author make between the trade dispute and the proposed Trans Pacific Partnership which was signed in October 2015? ($1,000)
3. These questions come from an article "Making Depressions Great Again" which appeared in the WSJ (February 2016).
(a) Why does the author suggest a trade war is approaching? ($2,000)
(b) What implications would a trade war have for the global economy? ($2,000)
4. These questions come from an article "Making the Case for Trade" which appeared in the WSJ (March 2016).
(a) Why do the four leading presidential candidates oppose free trade? ($2,000)
(b) The author outlines three benefits of free trade. Summarize each benefit in 4-6 lines. ($2,000)
5. These questions come from an article "What Donald trump Doesn't Understand About the Deal" which appeared in the NY Times (March 2016).
(a) How does Donald Trump's view of trade contrast with the principles of trade as taught in this course? ($2,000)
(b) The author describes Donald Trump as a rent seeker. What is meant by this term? How does ‘rent seeking' define Trump's view of trade? ($2,000).