The Economics of Globalization and Protectionism Quiz

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What is one of the adverse effects of global protectionism mentioned in the text?

Risk of 'tariff jumping'

What is the 'China shock' referred to in the text?

Effect on employment and wages in the US from 2000-2015

What is one of the criticisms of global protectionism mentioned in the text?

Retaliation based on game theory

What is the current status of multilateral negotiations according to the text?

At a standstill (Doha Round)

What does Mundell's theorem (1957) relate to in the context of global protectionism?

Risk of 'tariff jumping'

What is the 'China shock' referred to in the text?

The impact of China's rise on the US labor market from 2000-2015

What is one of the adverse effects of global protectionism mentioned in the text?

Risk of 'tariff jumping' according to Mundell's theorem

What does Mundell's theorem (1957) relate to in the context of global protectionism?

Impact of tariffs on international trade and production relocation

What is the current status of multilateral negotiations according to the text?

Stalled at a standstill, particularly the Doha Round at the WTO

What is one of the criticisms of global protectionism mentioned in the text?

Lack of domestic substitutes

Test your knowledge on the economic view of globalization and the protectionist temptation with this quiz. Explore the impact of import competition on local labor markets and gain insights from readings by D. Autor, D. Dorn, G. Hanson and E. Combe.

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