International Economic Concepts and Policies

Catalog description

This course provides a comprehensive conceptual framework for international commerce. Integrated treatment of theory, institutional arrangement, policy and treaties are employed to promote understanding of transnational trade and investment. Gains from international exchange are explained. Barriers to trade and investment are reviewed and analyzed. The case for and against free trade is presented. International agreements that spur or deter investment and trade are discussed. Policies influencing flows of goods, services and investments are evaluated. The international monetary system and its foreign exchange markets are studied in the context of alternative international adjustment mechanisms. Balance of payments concepts, structure and approaches to its determination, are examined.