International Trade Theory and Policy
国际贸易理论与政策代考 Discuss the predictions of the median voter theorem in terms of policy outcome. What are the key assumptions of the theorem?
Mock Exam Paper
Answer ONE out of TWO questions from Section A and
TWO out of THREE questions from Section B.
Section A is worth 50 marks.
Each question in Section B is worth 25 marks.
SECTION A 国际贸易理论与政策代考
Answer one question only from this section. Word count is strict 1000 words.
- Reflecting on different views on gains from trade of models we covered, discuss how well these models can explain the arguments for and against trade.
- Compare and contrast the 2-good Ricardian model with the Multi-good Ricardian model. Explain whether it is straightforward to empirically test these models.
SECTION B 国际贸易理论与政策代考
Answer two questions from section B. Word limit is 500 words per question.
- Discuss the predictions of the median voter theorem in terms of policy outcome. What are the key assumptions of the theorem?
- Discuss the brief history of import-substituting industrialisation and export-oriented industrialisation and evaluate the effectiveness of these policies. Does the history imply that trade openness could lead to economic growth?
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