ECON - 370. International Trade Theory

3 credit(s)
An examination of bases, advantages and problems of international trade from the perspective of classical, neoclassical and modern theories. Key topics include determinants of the gains from trade, changes in income distribution resulting from trade, the rationale and consequences of commercial policies (e.g. tariffs, quotas and subsidies) and industrial policies designed to enhance the trade competitiveness of trading economies. Emphasis is placed on the consequences of income distribution from trade and, therefore, on questions of equity and efficiency.

Prerequisite(s): ECON 201.
Attribute: (ATTR: ARTS or BUS, GLST,GSIB, ILST, ISP)