PIA 2319 - INTERNATIONAL TRADE

Minimum Credits: 3
Maximum Credits: 3
International trade is important and controversial. All countries participate in international trade. Yet all countries restrict trade. In all countries there are people and groups who favor freer trade and there are others who oppose it. This course will introduce the student to the key issues and controversies in the study of international trade. We will examine economic explanations and analyses of why countries trade. What are the key determinants of trade - factor endowments, resources or skills? We will also analyze the benefits and costs from trade and how these are distributed within a country. Throughout we will adopt a policy perspective and will rigorously examine some elements of trade policy such as tariffs, quotas, subsidies, export taxes, and, the economics of free trade arrangements. We will look at the controversial issue of international trade and the balance of payments. Time permitting; we will analyze the effects of trade and international factor mobility on economic growth and development. We will broaden and deepen our knowledge of the specific subjects and improve our skills in applying the analytical tools that economists have developed to help understand these complex phenomena.
Academic Career: Graduate
Course Component: Lecture
Grade Component: Grad Letter Grade
Course Requirements: Graduate School of Public and International Affairs students only.
Course Attributes: Asian Studies, Global Studies, Russian & East European Studies, West European Studies

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