International Relations


International Relations

III. Third: Relations between and among nations can take several approaches, whether political (comparative structure, security and militarily) or economic (trade), which is the foremost focus of this course. Some economies are classified as advanced, while others are considered developing. Often, smaller countries are grouped into trading zones. Likewise, other countries are grouped because of their proximity, such as Europe, Central America, or the Pacific Rim. Further, the countries listed in the text, such as China, India, Japan, Korea, and Brazil have developed distinctive trade patterns over the last few or several decades. In your opinion, what does the new world order of trade look like in the short and long terms? (the issue of a world order in historic, political, and security terms, but your response should reflect an understanding of economic analysis, both from the macro and micro perspectives, as well as country-specific.)
IV. Last: Of the issues listed below, (1) define the issue, (2) describe the context of the issue from both the political and economic perspectives, and (3) provide a remedy or solution for this problem, both politically and economically. Provide a response for the first two (a and b), followed by two other issues.
a. Intellectual Property
b. EXIM Bank
c. WTO
d. NAFTA
e. Labor migration
f. Expatriation of profits
g. Technology transfers
h. The rise of multinational enterprises
i. Environmental issues
j. Social policy issues

I’ve listed the limitations and conditions of trade. Use as many of these to explain your position.

Limitations or conditions of trade:
1. Accessibility to markets
2. Internal economic structure
3. Infrastructure
4. Political structure (or constraints)
5. Property rights
6. Enforcement of contracts
7. Port facilities
8. Commodity pricing
9. Terms of trade, both the MRS and the MRT
10. Country risk analysis
11. Unstable export markets

Conditions of trade policy:
1. International labor standards
2. Subsidies
3. Stabilization policies
4. Buffer Stocks
5. Multilateral trade agreements
6. World Bank
7. Foreign Direct Investment
8. IMF (International Monetary Fund)
9. Import substitution
10. Outsourcing
11. Offshore Assembly Provision
12. Trade Protectionism
13. Tariff Avoidance
14. Bonded Warehouse
15. Foreign Trade Zone
16. Optimum Tariff
17. Trade Retaliation
18. Beggar-ty-Neighbor Policy
19. Free Trade Agreements
20. Infant Industry policy
21. Quotas
22. Tariffs
23. Quota License
24. Tariff-rate Quota
25. Export Quota
26. Domestic Content Requirement
27. Domestic production subsidy
28. Export Subsidy
29. Dumping
30. Predatory dumping
31. International price discrimination
32. Government procurement policies
33. CAFÉ Standards
34. Hormone treated agricultural policies
35. Freight regulations
36. Reciprocal trade agreement
37. Normal trade relations
38. MFN (Most-favored nation status)
39. Fast-trace trade authority
40. Trade promotion policies
41. Trade remedy laws
42. Multi-fiber agreements
43. Countervailing duties
44. Trade Adjustment Assistance
45. Economic sanctions, especially for security purposes
46. International commodity agreements
47. Cartels, such as OPEC
48. Generalized system of preferences
49. Optimum Currency Area
50. Suboptimal Currency Area
51. Direct Exporting
52. Foreign Direct Licensing
53. International joint ventures
54. Long term or short term
55. Large and Small country model

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