Question 1

(a)

Examine

and compare the relative use of and effectiveness of tariffs and non

-tariff

barriers (NTBs) prevailing among developed and developing countries in international

trade. Cite examples.

(b)

Discuss the political economy arguments of Trump's trade war

on China from 2018 to

2020. Provide and cite evidence.

(c)

Should China retaliate with its own trade war against the U.S.? What would you advise

China to do (e.g., go for WTO Dispute Settlement)? Explain

.