"The latest news from The USA is the closure of GM, resulting in massive job losses.

Even after all the subsidies and tariff protections afforded to them by the current US administration, American car manufacturers still can't make cars for a competitive price. Protectionist tariffs have just made the raw materials sourced overseas more expensive.

So, America's competitors now make cheaper cars than the USA. Protectionist policies have actually assisted in the destruction of US auto industry and made American cars uncompetitive. It didn't take that long to happen either. More industries will follow.

America has been seriously disadvantaged in world markets."

Discuss the accuracy of this blog in relation to World Trade and International Business Law, and the doctrine of Comparative Advantage.

1. identified and clearly stated the relevant issues;

2. stated relevant legal principles;

3. critically analysed applicable law;

4. integrated and evaluated relevant knowledge from both the material covered in

this unit and your own independent research;

5. developed and sustained a concise and convincing argument through to a logical

conclusion;

6. correctly referenced and acknowledged sources;

***

1. where did Trump and the US Administration seem to be heading, ie, back to protectionism and if so where does that leave the WTO?

2. what is the role of the WTO and what powers do you think it has?

3. does the WTO make or influence international business law?

4. if the WTO makes or influences IBL, how and in what way?

5. does the direction the US now seems to be going inevitably lead to a head on

collision with the WTO and its policies?

6. Also have a look at You Tube and what both Trump and the current US

Administration have been saying and what the WTO position is.

7. Remember that Trump has said the former administration would attempt to stop

US manufacturers going off-shore and for those that do, imposing penalties on them by way of higher tariffs. There are political and economic ramifications here but are there also legal ones?

Also remember that what you are doing is looking at the effect or impact of Trump and his Administration may have had on the WTO and on IBL, but in a legal context. So you need to refer to areas of international business law that you believe will be impacted on by the direction Trump and

the US was going and where did that leave the WTO and the rest of the world? What impact might that have on treaties and conventions that states have currently agreed to, if any?

You may also wish to add a crystal-ball type look into the future and the current Biden administration's approach to the WTO. Is there in fact an approach or has it been forgotten?

What is important is that you recognise that there appears to be change taking place in international trade, that it can effect the way go about international business and that it will impact on international business law.