The University of South Florida Trade Regulation Tools Paper
After reading Chapter 4 (Political Economy), write an essay by answering the following questions.
- What tools do states use in regulating trade with other states? What political-economic systems are most and least likely to impose strict regulations on trade?
- Overall levels of economic liberalization are on the rise during the last few decades, appearing to indicate that liberalism is the preferred political-economic system. But what qualifications are important to this assessment?