These Economics W.I.R.E.D. activities recommend web links that relate to key concepts of each chapter of the textbook. For each link, there are instructions to guide you to specific information, followed by several discussion questions or exercises.

Key Concepts: Tariffs, Quotas, and VRAs, The History of Trade Restrictions, Arguments for Trade Barriers, How to Reduce Trade Barriers

Trade Compliance Center—Exporter's Guide

Select one of the listed "Bilateral Agreements" and review how the agreement can assist U.S. exporters.

• Review a list of potential trade restrictions (problems) faced by U.S. exporters. Why do countries restrict the entry of foreign goods?
• Explain how a bilateral trade agreement can help to open up markets for U.S. exporters.
• Explain how multilateral agreements like NAFTA and WTO can help reduce barriers to international trade.