International Trade

Term: Spring 2010

Subject Code: GECO

Course Number: 6252

This course covers the major theories of international trade, including mercantilist, Ricardian, neoclassical, neo-Ricardian, technology gap, unequal exchange, and Marxian models. It focuses on determinants of the direction of trade and potential gains from trade and on the links between international trade, income distribution, employment, and economic growth. Emphasis is placed on empirical tests of the theories. Other topics include intra-industry and intra-firm trade, strategic trade policy, outsourcing, trade-investment linkages, and contemporary commercial policy issues, including labor and environmental standards.

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