Assignment
Submit your answers on a one page, printed document, submitted in class.
Format: Single space, twelve point font, one inch margins.
Your full name and UB person id should be on the top of the page.
Use the entire page.
No handwritten homework's.
Late homework's shall not be accepted.
Assignment:
Pages 168 & 169 in Parkins 12th edition discusses trade.
This article is especially relevant in light of the agreement (TPP) just reached by major trading partners with the United States in the pacific region.
Discuss:
1) How did the desire to protected rice farmers impact the negotiation?
2) How will the rice growers' producer surplus be impacted by TPP?
3) How will US consumers be impacted by TPP?
4) What favorable impacts are expected to be seen by Japanese consumers?
Make sure you:
1) Introduce your topic.
2) Answer the questions.
3) Conclude and summarize your thought(s) on the subject.