Large areas of land in the former Soviet Union and Eastern Europe are lying uncultivated due to export barriers and tariffs. Given the recent rapid rise in food prices, this fallow land (estimated to be around 23 million hectares) could help to reduce upward pressure on food prices.
Bread basket that is left to grow weeds Times Online (12/3/08)
Questions
| 1. |
Identify three different forms of protectionism. |
| 2. |
Explain why the land identified in the article has remained uncultivated. |
| 3. |
Discuss the arguments for and against these countries reducing tariffs on food.
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In the article below, Irwin Stelzer argues that Congress has adopted a more protectionist stance towards trade policy. Not all would, however, agree. Why not have a look at the comments after the article to see some of the discussion that has taken place about the article?
The end of free trade as we know it Times Online (20/5/07)
Questions |
| 1. |
Assess the extent to which the new trade agreements under discussion are likely to improve the position of workers globally. |
| 2. |
Analyse two policies that the US administration could put in place to reduce the level or protectionism. |
| 3. |
Discuss the extent to which the new trade agreements referred to in the article will represent a more protectionist approach to trade. |