Question 1:
How far can the Heckscher-Ohlin model of trade be executed in practice?
Question 2:
With the help of diagram, make a distinction between a tariff and a quota.
Question 3:
“Countries gain more by protecting their home markets than by opening them up”. Do you disagree or agree with this proclamation? Illustrate fully.
Question 4:
The Lomé Convention expired in year 2000 and was replaced by Cotonou Agreement. What similarities or differences can you draw between the Lomé Convention and the Cotonou Agreement?
Question 5:
ACP countries have currently started negotiations on Economic Partnership Agreements (EPAs). Explain the benefits and drawbacks that ACP countries could face by conclusion of EPAs.
Question 6:
Explain why Intellectual Property Rights (IPRs) are applied.
Question 7:
Based upon an illustration of your own, discuss how the TRIPS agreement influence the fundamental rights of the individuals.