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ECN 4650 Economics of International Trade
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Prerequisites:
ECN 2950 (Minimum Grade of D, May not be taken concurrently)
ECN 2960 (Minimum Grade of D, May not be taken concurrently)
A study of the foundation, advantages, problems of international specialization/trade and the accelerated pace of globalization process among world economies. Course topics include: the rise of multinational and transnational firms, absolute and comparative advantages in production, distribution and consumption, differences in cost and price relations among countries, foreign exchange rates, the terms of trade and trade balances, international cartels and commodity agreements, import quotas and bilateral or multilateral agreements, tariffs, and relations between domestic and international economic policies. | 3 | 0 | 0 | | |
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