Course Department: 
Course Frequency: 
Alternate years
Course Description: 

Examines the causes and consequences of the trade of goods and services among nations. Attention is given to the principle of comparative advantage, the Ricardian model of trade, the factor endowments theory of trade, the specific factors model, new theories of trade, the causes and consequences of trade restrictions, economic growth and trade, international factor movements and economic integration. Policy implications are emphasized. Prerequisites: Economics 255, 256. One unit.

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