Assignment:
Submit a 2 to 3 page type - written, double - spaced standard font document that connects the changes that have occurred in your country due to globalization, to the models that we have discussed in class. The discussion can be about a specific model we have discussed or you can draw on theory from several of them. Be sure to describe what effect you are seeing in the data and how that could be caused by opening up to trade.
Food for thought,
• Suppose I observe that the oil sector has grown in Iran in the last 50 years and this increase has been accompanied by an increase in oil exports. How could I use the specifc factors model to connect this with the impact on income inequality?
Think of this document as the initial section of a longer, more substantive country report that,
1. Draws on class materials to analyze the effects of globalization on your country
2. Provides policy advice to its leaders