What trade strategy should poor countries pursue

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Reference no: EM131509731

Assignment

I a need research paper that is 10 to 15 pages long, it should also include a title and reference page (reference page and title page does not count towards the 10 pages). It should be in APA format, no plagiarism, no recycled submissions 100% original, plagiarism checker included. Please have a firm grasp of American English. An outline is also included to use as a guide for what I need.

Topic: Globalization through the liberalization of trade in the developing countries

Instructions:

For your final submission, you are to submit the Research Paper you have been working on throughout the course. The Research Paper should be at least 10-15 pages, double spaced, Times New Roman 12 pt. font, with appropriate APA style writing. The Research Paper must contain a minimum of five scholarly references supporting your argument surrounding your topic, answer your research question(s), or support your points about the need for further research on this topic. Information about accessing the Blackboard Grading Rubric for this assignment is provided below. APA Guidelines The application of the APA writing style shall be practical, functional, and appropriate to each academic level, with the primary purpose being the documentation (citation) of sources. College requires that students use APA style for certain papers and projects. Students should always carefully read and follow assignment directions and review the associated grading rubric when available.

Outline:

I. INTRODUCTION

International trade is something that is practiced by many countries on a daily basis. The countries that are involved in international trade do so because that makes an individual country better off. Internationally, competitions in trade happen at the firm level enabling the citizens to benefit from free trade (Arena, 2008). In this case, people enjoy purchasing various goods at a relatively cheaper price because of the removed tariffs.

i. Thesis statement

- This research paperinvestigates whether or not trade liberalization positively or negatively impacts the growth of developing countries and their counter parts.

ii. Research Questions

o Can trade liberalization have unequal impacts on developing/new markets?
o Can trade liberalisation make the developing nations rich?

II. BODY

a. Reducing international trade barriers
b. Impacts of investing in developing or new countries

- This involves barriers to entry including tax laws, legal issues, accounting regulations and the restrictions of foreign investments which can make it troublesome or difficult to access the nation (Kneller et al., 2008).

c. Reduction of political risks

- According to Lin & Chang (2009), liberalization reduces the political risks likely to be faced by foreign investors.

d. International and Global Inequality

- How does international trade liberalization bring about the rising and persistent inequality?

- The measurement of international inequality

- There are conceivable situations in which liberalisation of trade can really prompt more terrible results for developing countries (Obstfeld, 2009).

e. Trade Liberalization and Trade Performance

- purpose of trade liberalization
- Effect of trade liberalization in practice on countries trade performance
- Ultimate effect of trade liberalization on the growth of living standard

f. Trade Strategy for Development

o Wacziarg& Welch (2008) explains the strategies that can be used in developing countries to survive in international trade.
o What trade strategy should poor countries pursue in order to acquire dynamic comparative advantage?
o Time and policy space required by the developing countries to nurture new industrial activities

III. Conclusion

i. Analytical summary

- In most business sectors, the developed countries experience less trade barriers.

- The developing countries have the capacity to gain more from trade liberalisation which presents the conclusion that liberalization can have unequal effects on developing countries.

ii. Thesis reworded

- While there are surely explanations behind the assumption that diversified trade can help in promoting economic growth in the less industrialised countries, it is impossible that liberalisation of trade will subjectively enhance the predicament of individuals in those countries.

Reference no: EM131509731

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