Answers should be thorough long paragraphs and provide detail and examples for each question.

1. Explain how you would design an effective and fair trade policy to benefit both an "infant industry" and society as a whole.
2. Imagine that you are the minister of agriculture for a large, diverse country. Develop a list of sensible reasons why the farmers in your nation might qualify for special policy attention and protection by the government.
3. Illustrate and explain why a binding import quota on tea will insulate internal tea prices in the nation of Ryerson from fluctuation caused by the world market instability.
4. The country of Alpha traditionally has protected its coffee growers by means of a high guaranteed price and variable import levies. The Alpha government is considering moving to a deficiency payments scheme to achieve the same level of producer protection. Analyze the economic effects of this proposal, including its basic welfare implications.
5. How can the relationship between Africa and China be rebalanced in such a way that African countries will benefit?
6. What are advantages and disadvantages of the Canadian supply management? Please analyze the desirability using economic theories.