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Why do countries Trade?
Posted by Economics Corner
on
6:57 PM
Try out this game on why do countries trade.
http://nobelprize.org/educational_games/economics/trade/
Read up on why some countries are restricting trade (protectionism) and why some economists are against protectionism.
Try out the following exercise, assumming different roles in arguments to increase or reduce tariffsfor the Car industry in Malaysia:
http://geocities.com/olevelecons/tradeorprotect.doc
The ASEAN Trade agreement call for Malaysia to reduce tariffs in its car industry.
Provide the arguments for and against the reduction of tariffs for the car industry in Malaysia.
http://nobelprize.org/educational_games/economics/trade/
Read up on why some countries are restricting trade (protectionism) and why some economists are against protectionism.
Try out the following exercise, assumming different roles in arguments to increase or reduce tariffsfor the Car industry in Malaysia:
http://geocities.com/olevelecons/tradeorprotect.doc
The ASEAN Trade agreement call for Malaysia to reduce tariffs in its car industry.
Provide the arguments for and against the reduction of tariffs for the car industry in Malaysia.
