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

Fowl Play?

Read the article Fowl Play? 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

Define the following terms from the article:

(a) Tariff
(b) Import penetration
(c) Dumping

Question 2

Describe what the Chinese authorities accused the US government of doing in the case of the trade in chicken, and earlier, for other products like movies and books.

Question 3

Outline why, and how, the US government supported their producers, including the producers of chicken.

Question 4

Identify, and explain, the action the Chinese authorities have taken. Analyse the likely effectiveness of this action in reducing US chicken imports and protecting domestic Chinese producers.