1. Discuss and explain the roles of production and

trade in the international production and trade

structure. Why is trade so controversial?

2. Outline the basic ways that mercantilists, economic liberals, and structuralists view trade.

(Think about the tension between the politics and

economics of trade.)

3. What are some of the basic features of the GATT

and the WTO? Why is the Doha round a failure?

4. Outline the basic features of RTAs. Do you see

RTAs as being primarily liberal or mercantilist

in nature? Why have they proliferated in recent

years?

5. Which of the three IPE approaches best accounts

for the relationship of the Northern industrialized

nations to the Southern developing nations when

it comes to trade? Explain and discuss.

6. How have the United States and other nations

used trade as a tool to achieve foreign policy

objectives? On balance, is outsourcing good for

the United States?