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Developing countries and trade

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Developing countries often claim that growth and trade have left them no better off or perhaps worse off. How might you explain this result theoretically? Could this result obtain if the countries tended to be relatively small?

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A number of things might be happening.

1. If a country was able to have their own companies and farming they had a working economy. Trade might have wiped out any local industries and made local produce uncompetitive. A country with only consumers will be worse off because all those consumers will eventually be out of a job, which would mean that they would no longer be able to consume. True, foreign companies can then come in and hire them at low wages but it isn't clear that the standard of living would be the same as before and ...

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Developing countries often claim that growth and trade have left them no better off or perhaps worse off. How might you explain this result theoretically? Could this result obtain if the countries tended to be relatively small?

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Does free trade harm the environment?

Environmentalists argue that trade liberalization harms the environment. The decisions of the World Trade Organization (WTO) in particular have been the subject of much criticism. Carbaugh1 has described environmentalists' three primary assertions:

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In this project, you will recreate and evaluate the arguments and counter-arguments for all three of the environmentalists' assertions described above.

For each argument and counter-argument, present the following information:

The party you represent
Your party's interests or objectives
Your party's assertion
A summary of the available evidence that supports your party's assertion and/or examples that illustrate the assertion.
Feel free to use the Cybrary or other Web resources to help recreate the arguments.
Please cite any information for future references.

Be sure to note the relevant parties in the debate and their interests/objectives

THEN collaborate to write a 4-5 page document in which you

Summarize each argument and counter-argument. Be sure to note the relevant parties in the debate and their interests/objectives.

Evaluate the arguments and counter-arguments. Be sure to address the following questions:
Can the conflicting positions in these debates be resolved? If yes, how? If not, why not? Your answer should be well-reasoned and supported with examples.
Feel free to use the Cybrary or other Web resources to help recreate the arguments.

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