International Trade Theory
PURPOSE OF COURSE
course is an introduction to international trade and trade policy. It covers
the basic theories of comparative advantage, factor endowment and trade patterns,
economies of scale and imperfect competition, and reviews different arguments
for restrictive trade policies and their partial and general equilibrium
EXPECTED LEARNING OUTCOMES
the end of the course unit students should be able to;
- To expose the student to the basic
facts of international trade theory and the usage of the corresponding
models to the analysis of international trade policies.
- Effectively assess the possible
gains from trading internationally.
- Comprehend and be able to use the
various payment instruments available in international trade.
- Comprehend and work within the
various international trade agreements, politics, and institutions that
regulate international trade today.