ECON 124 - International Trade

Institution:

Drew University

Subject:

Description:

A study of international trade theory, including the classical works (Richardian, Hecksher-Ohlin, specific factors model, factor-price equalization, and growth models) along with a consideration of trade restrictions, i.e., tariffs and quotas. Explores contemporary patterns of trade encompassing such issues as increasing returns, imperfect competition, technology transfer, market structures, industrial policies, and international factor movements. Analyzes these issues from the perspective of a large versus a small economy and from a developed versus a developing economy. Prerequisite: ECON 102 and 103. Offered alternate years.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.drew.edu

Phone Number:

(973) 408-3000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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