economics
CENTRAL CONNECTICUT STATE UNIVERSITY
DEPT OF ECONOMICS
Economics 398 Assignment 5 Paramita Dhar
Food Economics Summer 2019
Due- Sunday, August 4 on Blackboard. Proper sources of references required for
your answers.
1. Why do developing countries impose trade restrictions? What is the GATT and
why did developing countries feel that it focused too little on their problems?
2. What is the WTO and why was it created?
3. What are the advantages of high versus low interest rates?
4. What are the pros and cons of a developing country defaulting entirely on its
debts?
5. What is the rationale for foreign development assistance? What are the major
types of foreign development assistance?
6. What are the objectives of food aid? What is the case for and against food aid






