ECON1086: Business in a Globalised Economy-Protectionism Assessment
- Subject Code :
ECON1086
- Is trade the same as globalisation?
- How do some economists measure globalisation?
- Using the RMIT Library download and read: Dreher, Axel (2006): Does Globalization Affect Growth? Evidence from a new Index of Globalization, Applied Economics38, 10: 1091-1110. (Please spend 15 minutes going over this paper in class)
- Explain protectionism simply àhow would you explain this to someone in year 11 of high school? [Practice explaining things intuitively, you’ll need this at work].
- Given the findings above, does protectionism make sense?
- Give examples of trade in intangibles.
- Digital trade presents an opportunity for countries to develop. Discuss the factors that lead to middle income countries taking advantage of new trade opportunities.
- Given your answer to the question above, what are the developmental implications of both local and international digital divides? Discuss by first defining the digital divide.
