Discuss the free trade is good for the developing economies


Assignment: Workshop Questions

Workshop Question 1

Identify one aspect of well being that you consider to be of significant importance, which has not been adequately captured by the three measures discussed in class (GDP, HDI and GPI). Briefly explain how you would incorporate it to the existing measures.

Workshop Question 2

"Leakages are no problem for the economy, all savings are reinjected into the economy via investment". Critically discuss this statement.

Workshop Question 3

"Free trade is good for the developing economies". Critically discuss this statement.

Important Instructions

This is a blended learning Assessment. You are expected to read relevant material and discuss the questions within your group, but submit it as an individual assignment written in your own words just as you would answer an essay question at an open book final examination.

This means you should not:

1. Read your group members' written work and use it as a guideto complete your assessment by paraphrasing it

2. Copy something directly or cut and paste information. However, you may look at appropriate source material and formulate your thoughts during group discussions to write up your own answer.

Please note that Plagiarism in any form (i.e., this includes collaboration in formulating your written answer and not necessarily limited to a high similarity score) is not acceptable. If in writing collaboration is suspected, both assignments (even if the similarity score is zero) will be forwarded to the unit coordinator (Dr Andrew Marks) for appropriate action.

Please see over for further details

The three questions overleaf are from topics 1-4 that may require explaining theory or applications of theory or critical reflections on theory. In each case, students will be required to develop a thesis statement and write 350 wordsfor each questionto defend their thesis. In total what you submit must not exceed 1050 words. The question is not the thesis statement.

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Microeconomics: Discuss the free trade is good for the developing economies
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