Economics Department

 

Essays on trade

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This week's essay

 

1)      The UK Shoe manufacturing Association is concerned about the flood of cheap shoes and football boots into the UK from Eastern Europe and Asia.

(a)                How could the government try to protect the shoe industry from cheap foreign competition                                

 10 marks

(b)               Discuss the arguments for and against the government taking action to protect the UK shoe industry from cheap foreign competition.                 

10 marks

 

Other essays

 

2)         (a)Explain the benefits of free trade                                                      

 10 marks

(b) If free trade is so beneficial, why do so many countries introduce protectionist measures.                             

 10 marks

 

3)         In 2002, the US Government announced a range of measures designed to protect its steel industry from international competition.

(a)                Why do some countries seek to protect their industries in international markets?                                                

10 marks

(b)               Discuss whether such protection can ever be justified                

10 marks