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E452 Reading 9a Questions

E452 Reading 9a Questions - What are “bound” tariff...

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Name E CONOMICS 452 Q UIZ 9 A “Dark Clouds over Doha” The Economist 11-10-2005, “Beyond Doha” The Economist 10-11-2008, “In The Twilight of Doha” The Economist 07-29-2006, “Why the Trade Talks Collapsed” The Wall Street Journal July 7, 2007 1. A World Bank report estimates that abolishing all kinds of tariffs, subsidies and domestic-support systems would boost global wealth by nearly ________ per year by 2015? What fraction of that increase would come from cutting farm supports? 2. How does avoiding concessions on agricultural issues in negotiations harm poor countries? How does it harm rich countries? 3. Economic stakes in the Doha round are modest gains of some _______ per year, or what percent of global GDP?
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Unformatted text preview: What are “bound” tariff rates? How do most countries actual tariffs compared to them? 4. Doha round is first international forum in which what kind of countries have played an influential role? What are some of their concerns/demands? 5. What fraction of Americans think trade is good for their country? How has that changed since 2002? Is it higher or lower than in other countries? 6. What was the Doha round hoped to accomplish? What has been accomplished thus far? 7. Why is there currently an impasse? 8. Previous trade rounds have stumbled, only to rise again a few years later. What might be a politically viable solution to US resistance to reducing farm subsidies?...
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