2014 Spring International Economics - Lynch

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International Economics ASSIGNMENT INSTRUCTIONS: SELECT ANY TWO (2) OF THE FOLLOWING TOPICS AND PREPARE A 10 -12 PAGE PAPER. 1 Jamaica has resumed the process of its borrowing relationship with the International Monetary Fund (IMF). Given our past experiences with the IMF, do you agree with such a move? 2 The Jamaican dollar has been consistently depreciating against the US dollar. In light of this, many persons think Jamaica should use a Fixed Exchange Rate. Discuss. 3 Many persons perceive Jamaica’s current account deficit as bad for the economy. Do you agree with this statement? 4 Do you agree that the Jamaican economy benefits from The Caribbean Single Market Economy (CSME). 5. Jamaica has decided to protect one of its major industry that is declining in the face of international competition. Discuss the relative merits of using quotas or tariffs. 6. Given the economic arguments for free trade, why do you think agriculture and some other industries are still subject to protection from imports in many parts of

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Exam Preparation

Transcript of 2014 Spring International Economics - Lynch

UNIVERSITY COLLEGE OF THE CARIBBEAN

International EconomicsASSIGNMENTINSTRUCTIONS: SELECT ANY TWO (2) OF THE FOLLOWING TOPICS AND

PREPARE A 10 -12 PAGE PAPER.1Jamaica has resumed the process of its borrowing relationship with the International Monetary Fund (IMF). Given our past experiences with the IMF, do you agree with such a move?

2The Jamaican dollar has been consistently depreciating against the US dollar. In light of this, many persons think Jamaica should use a Fixed Exchange Rate. Discuss.3Many persons perceive Jamaicas current account deficit as bad for the economy. Do you agree with this statement?

4Do you agree that the Jamaican economy benefits from The Caribbean Single

Market Economy (CSME).

5. Jamaica has decided to protect one of its major industry that is declining in the

face of international competition. Discuss the relative merits of using quotas or

tariffs.6. Given the economic arguments for free trade, why do you think agriculture and

some other industries are still subject to protection from imports in many parts of

the world.

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GUIDELINES FOR WRITTEN PAPER:

10 12 pages in length - APA format double line spacing

include a table of contents (and subheadings)

include sources, introduction and conclusion.

DUE DATE: FRIDAY, JUNE 6, 2014 @ 3:00 p.m.