Task
Task #1
Download and complete 7.03 Trade Barriers and International Organizations. You will use the following resources to complete this assignment:
Part 1: Barriers To Trade from The Library of Economics and Liberty
Part 2:
Submit your completed work to the 7.03 Trade Barriers and International Organizations Dropbox.
Task #2
Download and complete 7.03 Effects of Protectionism. Submit your completed work to the 7.03 Effects of Protectionism Dropbox.
You will use the following to complete this activity:
Part 1
Listen to the 2011 podcast "How Fear Turned A Surplus Into Scarcity" from NPR's Planet Money, beginning at the 2:08 minute mark.
Part 2
Listen to the 2008 podcast "Costs Up, So Dry Cleaners Want Their Hangers Back" from NPR's Morning Edition (below) and read the 2007 article "U.S. Hanger Factories Are Hanging It Up" from CNN Money.
Part 3
Listen to "World Sock Capital Suffers From Duty-Free Imports" from NPR's All Things Considered, 2007.
Task #3
Read the article "California Olive Oil Producers Seek New Rules to Compete with Imports" from the Los Angeles Times.
After reading the article, go to 7.03 Protectionism Discussion and post your thoughts on the following question: Is it important to protect American jobs in certain industries, or is it more important to provide cheaper goods for a large majority of Americans?
Next, read over your classmates' responses and respond to at least two, providing thoughtful feedback on their posts.
When participating in an online discussion, you should use formal, standard English and obey all conventions of punctuation and spelling. Avoid abbreviations or symbols used in texting, messaging, or informal conversation.
You will be graded according to the 7.03 Protectionism Discussion Scoring Guide.
Task #4
Go to the Quizzes area and complete the 7.03 Trade Barriers, Protectionism, and Free Trade Quiz.
Task #5
Go to the Quizzes area and complete the Unit 7 Test.