Reference no: EM133250028 , Length: Word Count: 600 Words
Question - International Trade and Trade Policies for The Developing Nations Discussion
Description - International trade is subject to trade regulations and industrial policies. The Kingdom of Saudi Arabia is also subject to these regulations because of signed trade treaties or membership in various trade organizations. For this week's discussion, please:
1. Discuss Saudi Arabia's participation in the World Trade Organization (WTO).
2. Then, compare and contrast the Kingdom's WTO involvement with its participation in the Gulf Cooperation Council, League of Arab States, and the Trade and Investment Framework Agreement (TIFA) Saudi Arabia signed with the United States.
3. Which membership or trade agreement benefits Saudi Arabia the most?
4. Please explain your position.
5. Trade Policies for the Developing Nations International trade provides benefits to a country's producers and consumers. However, some economists warn that developing countries are disadvantaged by the current international trading system.
1. Select an Eastern European country that belongs to the European Union (Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia, Slovenia).
2. Provide the most recent economic data for that country, then discuss how membership in the European Union affected the economic conditions in the past 10 years in the country you selected.
3. Discuss the economic trade policies would you implement to continue the economic rise of the country you analyzed?