Economics Homework Help

Option #2:  Trade Barriers

The article, The Trade-Enhancing Effect of Non-Tariff Measures on Virgin Olive Oil (Links to an external site.)contends that while tariffs are restrictive of trade, non-tariff measures have actually helped to increase the olive oil trade.

Summarize history of the virgin olive oil industry provided by the author, including the changes in virgin olive oil trade.

Explain why the author believes the non-tariff barriers may lead to increased, rather than decreased, trade rather than decreasing.