20300 International Trade and Investment

Description

This subject introduces students to models, frameworks and issues in international trade theory and policy including analytical tools for evaluating the welfare and income distributional consequences of various trade policies. These tools have application not only in academic research but also business and government decision making. The subject covers the main theories of international trade, the impact of trade on economic growth, determination of foreign exchange rates, multilateral trading systems and institutions, regional trade and cooperative agreements and the effects of trade policy interventions such as tariffs, quotas, and subsidies.