Why did Donald Trump seek to start a trade war with China when he was the President of the USA?
In your answer you should:
– Define free trade and define trade wars
– Consider the pros and cons of free trade, referring to the theory of comparative advantage
– Consider the impacts of free trade on blue collar (former manufacturing) workers over the last 40 years in the USA,
– Consider the validity of allegations made against China of unfair trade practices such as allegations that China devalued the RMB/Yuan and why China would have done this (if it did indeed do this)
– With the use of relevant economic diagrams consider the pros and cons of the USA applying trade barriers (such as but not only tariffs) on Chinese goods entering the USA
– Consider who in the USA would win and who would lose from the application of trade barriers on Chinese goods
– Consider how China has so far reacted and may continue to react to the application of trade barriers by the USA on Chinese goods
Formalities:
The minimum amount of words to be used is 2000 and the maximum is 2500
You may want to include images/graphics etc. (for example from their website) to make your reasoning and argumention more visual and explicative
Font: Arial. Size: 12,5pts. Line spacing: 1,5. Text align: Justified.
Appendices and References, do not count towards the final wordcount but are strongly recommended (referencing websites, articles, books etc.)
In text references and and a bibliogrpahy are expected and must follow the Harvard citation style.
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