TARIFFS AND TRADE
Since the end of the Second World War, openness to free international trade has increased markedly. More countries have signed agreements to allow free exchanges, and entities like the World Trade Organization have lowered trading barriers and increased the flow of capital and goods across borders. Some countries have maintained trade barriers consistently, while other countries have restricted once-free trade to protect domestic industries and jobs. In this topic, you will research tariffs, a signature tool used to raise trade barriers, as well as how attitudes towards global trade are changing in today’s geopolitical landscape.