the class name is : International Trade Theory and Policy
Answer these three questions in details. I must get at eat 90%
1) After World War II, there was a consensus in the Western countries that there should be commitment to global free trade, although from the beginning it was clear that “Communist Countries” would not participate. Nonetheless, a series of multi-year negotiating “Round” was launched in the late 1940s, and at last count has completed nine rounds. Discuss the successes and failures over this entire period of time. (3 pages)
2) Less Developed Countries (LDCs) were somewhat skeptical of the benefits of institutions set up after WW II. Were they right? Discuss. (3 pages)
3) There are quite a few qualifications that have emerged in trying to push the objective of global free trade. Discuss as many of these arguments “against” free trade as you feel are significant. (3 pages)
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