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Assessment:One essay of 1,500–2,000 words
Submission Date:Until 3 p.m.Wednesday,28th April 2010
(Undergraduate office,Pemberton Building)
Failure to submit TWO copies of your work by this deadline will result in a mark of 0%
The assignment must also be submitted in electronic format to the‘Turnitin’drop-box in the Blackboard site for this module and the Turnitin reference code added to the hand-in sheet
You are advised to plan your work carefully and back-up your work.Computing and printing problems will NOT be accepted as reasons for non-submission
For your information when preparing your coursework essay,refer to the following:
University Regulation on the Presentation of Work for Formal Assessment(URL:http://www.ukassignment.org/yylwdx/)
University Statement on Academic Integrity()
Student Handbook on Plagiarism-remember to fully reference your work in the Harvard format.
Please choose one question-
Select a particular country and utilise a range of data sources and literature to present an overview of the trade performance of the country with reference to the structure of protection.
Note:You are expected to present your answer as an essay while referring to a range of statistics,some of which you may have calculated.
Outline the Heckscher-Ohlin model of international trade and its predictions for inequality between developed and developing countries and comment on its validity.
About the Course
Policies concerning international trade have been for decades,and continue to be,the subject of active debate by both academics and the general public.More recently issues such as EU restrictions on exports of footwear from China,and developed countries protection of their agricultural industries,have been contentious.To understand and inform such debates we must have an understanding of the development of international trade theory.This course aims to provide you with such an understanding.By the end of this course this should allow you to be able to critically analyse a variety of trade policies.
Syllabus
The first part of this course will examine international trade theory,beginning with the Ricardian model which was developed by the English political economist in the early 1800s.This model simplistically assumes only one factor of production,labour,and finds that trade takes place according to comparative advantage.We will then turn to consider the more sophisticated Heckscher-Ohlin uk term paper model which considers two factors of production and illustrates that particular factors of production made be hurt by trade,although similar to Ricardo finds overall that there are gains from trade.These neo-classical models have then been extended to consider economies of scale,imperfect competition,technological change and the relationship between growth and trade.
The second part of the courses examines trade policy.Alternative forms of‘old’and‘new’protectionism and the implications of tariffs,subsidies,quantitative restrictions,international cartels,voluntary export restraints and other non-tariff barriers are reviewed.The economics of integration is discussed in its various forms ranging from preference areas to full economic integration,with particular emphasis on the theory and development of custom unions and the EU single market.
