International Economics: Trade

INTERNATIONAL ECONOMICS: TRADE

INSTRUCTIONS

BACKGROUND READING

For this paper, you will read the article listed below:

“The Carnegie Endowment of International Peace Holds a Discussion on the Economic Impact of Lifting Sanctions on Iran”, August 27, 2015.

STRUCTURE OF PAPER

You will submit a paper (1500 words). In the paper, discuss how the lifting of economic sanctions on Iran relates to what we are learning about international trade in this course. You can choose to focus on Iran and any one of its potential trading partners. The paper should include the following:

1. Provide a short summation (first paragraph) of the major issues discussed in the reading and discuss why these issues are important.

2. Discuss how Ricardo would respond to the issues discussed in the reading.

3. Critically evaluate the relevance of Ricardo’s theory to the issues discussed in the reading.

GRADING CRITERIA

Your paper will be judged on the basis of the following criteria:

1. Organization: The paper should be well structured and ideas should be presented effectively so that there is an introduction, some closure and an orderly progression from one idea to another. Avoid including irrelevant information and make the paper as cohesive and focused as possible. Proper syntax, spelling and grammar are important.

2. Analysis: The paper should complete all the required tasks listed above. The answers to all questions posed above should be thoughtful and reflect higher order thinking skills. The paper should analyze issues instead of merely listing them. Present the major ideas with clarity and logic. Write the paper in your words instead of paraphrasing or giving direct quotes whenever possible. But if you use direct quotes then put within quotation marks and cite them.