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(500 words)
Learning Goal: I'm working on a international economics report and need an explanation and answer to help me learn. Discuss the role of international supply chains. A short report Should governments have restricted trade to enhance domestic supply of personal protective equipment during the Covid-19 pandemic? (500 words) Is re-shoring the best approach to deal with shocks like Covid-19 or similar events? (500 words) What other policies should governments pursue to secure access to crucial medical goods during shocks? (500 words) Report should reflect: Apply your understanding of the process of globalisation and how it changes issues, such as migration, technology, and services. Gained insights into trade patterns and the ability to critically discuss trade insights. Develop an understanding of the role of trade as a part of a nation’s development process and evaluate arguments for and against intervention in the trade process. Compare and contrast economic and political conditions in poor and rich countries to critically assess the incentives and consequences of trade liberalisation globally, assessing the impact of protectionist policies on the welfare in rich and poor countries to decrypt the political economy of trade reform. Present/communicate your findings in a professional manner

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