Assignment:
INTERNATIONAL ECONOMICS: TRADE
INSTRUCTIONS
BACKGROUND READING
For this paper, you will read the article listed below:
"The Carnegie Endowment of International Peace Holds a Discussion on the Economic Impact of Lifting Sanctions on Iran", August 27, 2015.
STRUCTURE OF PAPER
You will submit a paper (1500 words). In the paper, discuss how the lifting of economic sanctions on Iran relates to what we are learning about international trade in this course. You can choose to focus on Iran and any one of its potential trading partners. The paper should include the following:
1. Provide a short summation (first paragraph) of the major issues discussed in the reading and discuss why these issues are important.
2. Discuss how Ricardo would respond to the issues discussed in the reading.
3. Critically evaluate the relevance of Ricardo's theory to the issues discussed in the reading.