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100) Discuss the economic reasons for government intervention in markets.
101) Discuss the infant industry argument for intervention in markets. What is GATT's position on
the argument?
102) Summarize Paul Krugman's arguments against adopting a trade policy that benefits domestic
firms at the expense of other countries.
103) Discuss the establishment of GATT. What was GATT's objective?
104) What happened to GATT during the 1980s and early 1990s?
105) What has been the experience of the WTO to date? What does the future look like for the
organization?
106) What are the central issues facing the WTO at the present time?
107) Why are tariff rates on agricultural products generally higher than tariff rates on
manufactured products or services?
108) What is the TRIPS agreement? Why was it established?
109) Discuss the Doha Round of trade talks.
110) Explain the disadvantages of government protectionism as it relates to competitive
advantage.
