need help with this international econ homework, any answers would be greatly appreciated.
Participation Homework # 5 ($17,000): Due Wednesday, April 6th by 11.55pm.
PSU User ID (abc5xxx): ________________________
Directions: All homework must be typed. Homework that is handwritten will
receive a zero.
Submission: Homework must be submitted to PSU Box by the date/time
above. Do NOT submit your homework directly to me.
NO late homework is accepted. Please submit one file only.
Be sure to name your document: abc5xxx Surname Homework 5 Answers.
Homework should be uploaded in 1 file: as a PDF or WORD DOC/DOCX
Email to: upload.Homewor.firstname.lastname@example.org (should open an email in
your default email program)
Troubleshooting: if clicking this link does not work, copy & paste the link into
an email, try a private email address (instead of Webmail/ANGEL) or a
You should receive a confirmation email a few minutes later.
A 2 point penalty will apply if your homework file does not include your
full name & PSU ID at the top of page 1 (if there is a problem, we will
not be able to identify you).
A 2 point penalty will apply if the file you submit is in the wrong format,
cannot be opened, is blank, corrupt, or if you submit multiple
attachments. You will be contacted by the homework TA & asked to resubmit by the following Monday at 5pm. Further penalties will apply if
you do not meet this deadline.
EARLY SUBMISSION BONUS
Homework sets which are submitted to PSU Dropbox by Monday April 4th at
11.55pm will receive a 2 point bonus. PSU Box records the date/time of each
submission. To be eligible, the homework set must be a valid, single file (not
blank or corrupt) in the right format (word doc/docx or pdf).
Reminder: You may work in groups but you must write up you own unique
responses. You may ask questions about the homework on the Facebook group
? however, DO NOT SIMPLY ask what the answer is. Explain what you think
the answer is and your logic/reasoning, so that someone else can provide real
Academic Integrity: the Department has strict rules about academic integrity.
Any violations, including but not limited to: submitting identical homework
sets, using someone else?s homework set, taking notes from online learning
centres, will be reported to the Faculty?s academic integrity committee and
sanctions will apply if found guilty.
1. What are the benefits and costs of U.S. antidumping laws? ($2,000)
2. These questions come from an article ?White House to File Case against China at WTO
Over Subsidies for Exports? which appeared in the NY Times (February 2015)
(a) What are the main accusations being made against China? ($1,000)
(b) What sanctions would China face if the allegations are upheld at the WTO? ($1,000)
(c) What connection does the author make between the trade dispute and the proposed
Trans Pacific Partnership which was signed in October 2015? ($1,000)
3. These questions come from an article ?Making Depressions Great Again? which
appeared in the WSJ (February 2016).
(a) Why does the author suggest a trade war is approaching? ($2,000)
(b) What implications would a trade war have for the global economy? ($2,000)
4. These questions come from an article ?Making the Case for Trade? which appeared in
the WSJ (March 2016).
(a) Why do the four leading presidential candidates oppose free trade? ($2,000)
(b) The author outlines three benefits of free trade. Summarize each benefit in 4-6 lines.
5. These questions come from an article ?What Donald trump Doesn?t Understand About
the Deal? which appeared in the NY Times (March 2016).
(a) How does Donald Trump?s view of trade contrast with the principles of trade as taught
in this course? ($2,000)
(b) The author describes Donald Trump as a rent seeker. What is meant by this term? How
does ?rent seeking? define Trump?s view of trade? ($2,000)