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IA3 by Mind Map: IA3

1. Terms

1.1. Externalities

1.2. Dumping

1.3. Tariff

2. Diagram

2.1. International Trade Diagram with Tariff

3. Stakeholders

3.1. Australian Producers

3.2. Chinese Citizens

3.3. Chinese Producers

3.4. Chinese Government

4. Points of Evaluation

4.1. Who wins? Pros and cons, evaluation of tariffs as a means of protectionism

4.2. Short/Long Term Effects (GDP loss and loss of taxation)

4.3. Affect on externalaties