Phase 3ip
phase 3ip and 4db
Phase 3ip 1000 to 1200 words
As a business owner, you need to approach the issue of
globalization and trade in context. With all the complicated tariff and
nontariff trade policies, organizations, and government involvement, the
important question to ask is why the United States maintains certain economic
policies.
Consider the following questions:
· Research
where you would find the U.S. international trade policies and their history as
they apply to various industries.
o Chose two
industries, and focus on those.
· Do the
economic trade policies today help or hurt business owners and laborers?
o Is the automobile
industry protected?
o Is it considered
an infant industry?
o What tariff
policy is in place for automobile manufacturers?
o What type of
administered protection is in place, if any?
o Compare the
automobile industry to the two industries you chose to research.
· How could
the state or local representative help or hurt a business owner in the era of
globalization?
· How did the
policies for manufacturers of automobiles evolve? For example, what influences
do the following organizations have on business owners, and what is their
history?
o The World Bank
o The IMF
o GATT
o The European
Union
o NAFTA
o The Doha Round
· Does NAFTA
affect the automobile industry's decisions on what to do with labor costs?
Capital costs? If so, how? Was this trade agreement good for the United States
from an economic standpoint? Was it good for Mexico from and economic
standpoint?
This is how my teacher want it to be formatted
ECON 310
Phase 3 IP Assignment
The assignment posted on the CTUO site for the Phase 3 IP is
very broad. If you answer all of the questions in the original assignment, the
result could be a long but shallow report. I would instead like you to study
the formation and implication of the following four most important trade
agreements of recent history:
1. GATT
2. The European
Union
3. NAFTA
4. The Doha Round
Research each of these organizations/agreements. Then, write
a paper describing each of these agreements in detail – specifically, their
formation, significance and impact on trade among the partners and with regards
to the rest of the world. End your description of each by telling me (in your
opinion), has the organization/agreement resulted in trade creation or trade
diversion (and why).
This is all that you need to do for your Phase 3 IP;
however, note that these organizations/agreements are significant and it will
take you some time to learn about them and good organizations skill to
summarize in a paper.
Phase 3 IP Assignment
“Your Name”
GATT:
Three to four paragraphs as described in paragraph 2 above
The European Union:
Three to four paragraphs as described in paragraph 2 above
NAFTA:
Three to four paragraphs as described in paragraph 2 above
The Doha Round:
Three to four paragraphs as described in paragraph 2 above
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