Case Study 2: Free Trade, GDP, and Climate Change (20%)

Read the International Chamber of Commerce Report entitled “Climate change and trade
agreements: Friends or foes?” posted to iLearn, and watch the lecture by economist Dr. Peter
Victor entitled “Managing without growth: Slower by design, not disaster” (link:

).
Answer the following questions IN YOUR OWN WORDS. Copying and pasting from the report
will result in a grade of zero.
NOTE: This assignment will be utilizing Urkund Plagiarism Technology. If you submit the same
assignment as your peer, the technology will alert me and you will receive a grade of 0.
PL
Aim for 250-300 words PER question.
1. Drawing on the report, in your opinion, is free trade compatible with attempts to
mitigate global climate change? Why or why not? (/5)
2. What is the solution to climate change articulated in Dr. Victor’s lecture? What
fundamental or prevailing economic ideologies does it challenge? (Hint: Think about
Adam Smith, J.M. Keynes, popular arguments favouring free trade discussed in week
11). (/5)
3. What measures does Dr. Victor suggest to achieve his alternative to the current
approach to economic growth? In your opinion, are these measures achievable in the
real world? Briefly discuss each one Dr. Victor lists, explaining why the measure is or
isn’t feasible. (/5)
PLAGIARISM: A WARNING
This is your formal reminder that plagiarism of any kind will not be tolerated. Students who
plagiarized in Assignment 1 are at risk of receiving VERY serious penalties, including
suspension or expulsion.