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◄Faculty of Economics and Administration►

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(1998) Law & Finance, Journal of Political Economy, 106 (6),
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EQA 7013 ADVANCED INTERNATIONAL TRADE

Learning Outcomes At the end of this course, the students are able to:

(1) Adapt basic theory to recent advances in international trade.
(2) Analyze international trade issues.
(3) Debate critically on various policy questions pertaining to
international trade.

Synopsis of Course The course is divided into two parts. The first part focuses on the
Contents building blocks of positive trade theory, the effects of different
types of policy instruments and the welfare effects of trade
agreements. The second part of the course explores some topics
at the frontier of research in international trade, namely the trade-
wage debate, networks, trade and poverty, trade and
environment and the political economy of trade policy.

Assessment Methods Continuous Assessment : 50%
Final Examination :50%

Main Reference (1) Krugman, P.R. and Obstfeld, M. (2012). International
Economics – Theory and Policy (9 ed.), Pearson Addison
th
Wesley.
(2) Feenstra, R. C. (2004). Advanced International Trade: Theory
and Evidence, Princeton University Press.
(3) Yarbrough, B.V. and Yarbrough, B.V. (2006). The World
th
Economy: Trade and Finance (7 ed.), Thomson South-
Western.
(4) Cheng, L.K. and Kierzkowski, H. (eds.) (2001). Global
Production and Trade in East Asia, Springer.
(5) Copeland, B.R. and Taylor, M.S. (2005). Trade and the
Environment: Theory and Evidence, Princeton University
Press.

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