Favoritism, Politics, and Comparative Advantage

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Write an analytical paper that examines free trade agreements and customs unions in the context of international trade. You will find no shortage of sources on this topic; your paper should be as specific as possible and should focus on a single agreement as the central case study for your analysis.

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Begin your paper with a 3-5-page discussion of free trade agreements. What are they? Are they beneficial to trade? How do they violate the rules of the GATT?

Continue by examining and evaluating a single case of an FTA or customs union that you find interesting. How did it form? How is it beneficial to all parties? How does it interact with the GATT and other WTO member states?

Conclude your analysis with a review of the future of trade—will FTAs become the rule rather than the exception? Are these often politically-driven agreements benefiting world trade or taking away the equality that the WTO promotes? Ensure all questions are addressed.

Your paper should total 12-15 pages with appropriate headings and subheadings and be well written. Support your answers using 10-15 peer-reviewed articles/professional sources in addition to the textbook. Note that the written assignment/project must have a title page, section headers, introduction, conclusion, and reference page. Use of the CSU-Global Guide to Writing & APA is required in all your written papers. Turn in the completed project by the end of Week 8.

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