Write a 1600 word summary and evaluation of the given article (to be released on ilearn). A “review

essay” is a summary of your own words of the article, together with an appraisal of it. Your review essay

should be about 70% summary and 30% appraisal. Summary means you summarize the main points

and explain the article in your own words. Figures, tables, or equations in the article should not be

included in your essay. Appraisal means you express your thoughts about the article. For example,

whether the article is full of insightful remarks, whether the article gives adequate consideration/

analysis of the main issues, or if the article covers too much or too little ground, any additional aspects

should be included in the article. Your bibliography can be minimal.

This Assessment Task relates to the following Learning Outcomes:

• Characterize major international trade theories to explain alternative patterns of trade.

• Examine international trade instruments, and articulate arguments for and against

protectionism.

• Evaluate the impact of major trade issues on countries with a focus on the tradeoffs between efficiency and equity.