{"id":71199,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/macro"},"modified":"2017-08-18T06:18:40","modified_gmt":"2017-08-18T06:18:40","slug":"macro","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/macro\/","title":{"rendered":"Macro"},"content":{"rendered":"<p>After listening to the audio clip <a href=\"http:\/\/www.npr.org\/2013\/08\/05\/209097983\/wto-sides-with-u-s-in-poultry-dispute-with-china\" rel=\"nofollow noopener\" target=\"_blank\">WTO sides with U.S. in Poultry Dispute with China<\/a>, consider the full impact of a restriction on trade such as a tariff. Do trade restrictions evoke retaliation by trade partners, and how would this affect the gains from trade?&nbsp;<\/p>\n<p>The audio clip concerning poultry tariffs imposed by China indicated U.S. chicken exports were reduced by 80%. For paragraph b), discuss if trade restrictions evoke retaliation and provide an example of retaliation by a trading partner. For paragraph c), explain how retaliation to a trade restriction affects the gains from trade (use statistics for before the initial tariff was instituted, right after the tariff was instituted, and right after the retaliation was instituted using<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After listening to the audio clip WTO sides with U.S. in Poultry Dispute with China, consider the full impact of a restriction on trade such as a tariff. Do trade restrictions evoke retaliation by trade partners, and how would this <a href=\"https:\/\/www.benedictsol.com\/blogs\/macro\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-71199","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/71199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=71199"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/71199\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=71199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=71199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=71199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}