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ECON 2302 | Principles of Microeconomics

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Topic:

The topic for this assignment is free trade. You will discuss why countries trade and answer the question: is everyone better off from trade? Use facts backed up by your research to prove your points.

Requirements:

Minimum word count: 750 words, not including the annotated bibliography.

Sources: At least 3 sources, overall. 2 must be peer reviewed journal articles sourced from a library database. No more than 1 from the list of reference articles provided. The textbook does not count as a source.

Formatting:

You will write a Chicago style paper. This means you must cite your sources using footnotes, and you must format your paper in a Chicago style. If you’re not familiar with Chicago style or you would like someone to proofread your paper, reach out to a San Jac librarian. Your paper must all be in the same font, 12-point, and double spaced.

You must use at least two peer-reviewed journal articles in your essay. Below are a list of databases that you may find helpful in searching for articles:

Suggested Keywords


Free trade | trade policy | political economy | manufacturing | globalization | labor rights | regulatory competition

For this paper, instead of a normal bibliography you will write an annotated bibliography. This means that after each citation in your reference page, you will analyze the source in at least 250 words.

To analyze an article, consider the following points:

  • Currency: the timeliness of the information. When was the information published or posted?
  • Relevance: the importance of the information for your needs. Who is the intended audience? Is the information at an appropriate level (i.e. not too elementary or advanced for your needs)?
  • Accuracy: the reliability, truthfulness, and correctness of the content. Has the information been reviewed? Can you verify any of the information in another source?
  • Purpose: the reason the information exists. Do the authors/sponsors make their intentions or purpose clear? Are there political, ideological, cultural, religious, institutional, or personal biases?

Keep in mind that you may only use one of these articles in your paper.

Paul, Joel Richard. “The Cost of Free Trade.” The Brown Journal of World Affairs 22, 1 (Fall/Winter 2015): 191-209, https://www.jstor.org/stable/24591008

Carroll, Daniel R, and Sewon Hur. “The Winners and Losers from Trade.” Economic Commentary (September 30, 2019). https://www.clevelandfed.org/publications/economic-commentary/2019/ec-201915-winners-and-losers-from-trade

Linicome, Scott. “The Case for Free Trade.” Cato Institute. Cato Institute. May 2, 2019. https://www.cato.org/commentary/case-free-trade

Froning, Denise. “The Benefits of Free Trade: A Guide For Policymakers.” The Heritage Foundation. The Heritage Foundation. August 25, 2000. https://www.heritage.org/trade/report/the-benefits-free-trade-guide-policymakers

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