Saintleo ECO201 Module 7 Discussion Latest 2019 March
ECO201 Principles of Macroeconomics
Module 7 Discussion
After listening to the
audio clip WTO sides with U.S. in Poultry Dispute with China, consider the full
impact of a restriction on trade such as a tariff. Do trade restrictions evoke
retaliation by trade partners, and how would this affect the gains from trade?
Use this link:
http://www.wto.org/english/tratop_e/dispu_e/dispu_status_e.htm to begin your
research on some of the trade disputes brought before the WTO. What is the
nature of the claim, and does the action by the defendant impede free trade and
therefore deserve scrutiny?
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