Write a 5-7 page paper (double spaced, 12 point font, standard margins) on one of the following topics. Your title page and bibliography (and any other pages that are not writing) do not count towards the page count. Please cite all your sources, with an accepted citational standard of your choice. Please attach the sources 1. • Policies which advocate ‘free markets’ and ‘free trade’ between countries formed the basis of development paradigms throughout much of the developing world from the 1980s and onwards. Describe the theory behind how free traders thought that free trade would lead to growth, development, and ultimately, poverty alleviation. Then describe the actual mechanisms through which the Washington Consensus set of policies were put into place. Dependency theorists have criticized ‘free trade,’ in particular with Amin’s concept of ‘unequal exchange.’ Describe how the theory of ‘unequal exchange’ recasts the concept of ‘free trade.’ Conclude with an evaluation of both theories, according to you: which do you find more convincing?
Class notes: https://docs.google.com/document/d/1r95hRqHBA-n0ZqK0AwdTt4Ox2uFpAx3Sw7bgzhU62I4/edit?usp=drivesdk