Economics
Topic: International Trade
- Explain the causes of a balance of payments deficit on the current account.
- Discuss the measures a government should adopt to correct its balance of payment deficit on the current account.
- Explain why trade occurs between developed and developing countries.
- To what extent do Free Trade Agreements determine the pattern of trade between Singapore and the rest of the world?
- Discuss whether countries should resort to trade protectionism when faced with an economic crisis.
- Evaluate the arguments for protectionism in light of the current global economic downturn.
- Explain whether it is true that the artificially depressed yuan resulted in US’ trade deficit.
- Discuss whether protectionism is the best policy for the US to resolve the unsustainable imbalance in its trade account and fiscal budget.
- Discuss the extent to which Singapore’s network of FTAs will help to achieve her macroeconomic objectives.
- Explain the possible causes of US’s current account deficit.
- Discuss whether protectionism is the most effective policy to deal with a balance of payment deficit.
- Using suitable examples, explain any two methods of trade protectionism.
- Discuss whether adopting trade protectionism is the best policy in recent recession.
- Explain the economic case for free trade for developing countries.
- Comment on the view that globalisation is beneficial to developing countries.
- Discuss whether domestic or foreign factors are more likely to affect the balance of payments of Singapore.
- Explain the impact of globalisation on the components of aggregate demand in an economy.
- Explain if the pattern of China’s exports is consistent with the theory of comparative advantage.
- Discuss the impact of globalisation on an emerging country like China.
- Discuss the above assessment of the effects of globalization on the American economy.
- Discuss whether globalisation been of benefit to the Singapore economy.
- Discuss appropriate policy measures that the Singapore government may undertake to increase the net benefits of globalisation.