International economics

Table of Contents

1. Topic pack - International economics - introduction
2. Section 3.1 International trade (notes)
3. Section 3.1 International trade (questions)
   1. Reasons for trade - short answer
   2. Vietnam joins the WTO
   3. Russia's WTO membership bid backed by European Union
   4. Types of protectionism - short answer
   5. Arguments for protectionism - short answer
   6. International bread basket
   7. New Zealand apple growers bite back - trade & protectionism
   8. Fowl Play?
   9. Dumping shoes on the EU
   10. Protectionism in Europe
   11. Imposing a tariff - numerical
   12. Setting a quota - numerical
   13. Giving a subsidy - numerical
4. Section 3.1 International trade - simulations and activities
5. Section 3.2 Exchange rates (notes)
6. Section 3.2 Exchange rates - questions
7. Section 3.2 Exchange rates - simulations and activities
8. Section 3.3 Balance of payments - notes
9. Section 3.3 Balance of payments - questions
10. Section 3.4 Economic integration - notes
11. Section 3.4 Economic integration - questions
12. Section 3.5 Terms of trade - notes
13. Section 3.5 Terms of trade - questions
14. Print View

Vietnam joins the WTO

Read the article World trade body admits Vietnam and then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.

Question 1

Explain the role of the World Trade Organisation (WTO) in the governance of world trade. You may find the WTO web site helpful in considering this.

Question 2

Examine the impact that membership of the WTO is likely to have on the Vietnamese economy.

Question 3

Use a suitable Internet search tool (e.g. Google news) to analyse the impact that recent actions of the WTO have had on the world trading system.