4413 International Trade

Course Description

The main theories of international trade in goods and services, and of international movements of capital and labour. Partial equilibrium and general equilibrium analysis of the major instruments of trade policy, their economic effects, and the issues created by their use in practice. The economics of preferential trading arrangements, such as free trade areas, customs unions, common markets, and “mega-agreements”.

Learning Objective

  • The purpose of this course is to provide students with a thorough grounding in the theory of international trade as well as international trade policy and to demonstrate the relevance of the theory in the analysis of (a) existing patterns of international trade and what determines them, (b) the conduct of trade and policy



Books for this Course

  • Feenstra, Robert C. and Alan M. Taylor, 2014, International Trade, 3rd edition.

Times Offered

  • September 2015
  • January 2016

Course Prerequisite