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Institution:
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MidAmerica Nazarene University
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Subject:
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Description:
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This class presents the theory and practical applications of international trade under both perfect and imperfect market conditions. International trade in resources, products, and assets will be analyzed from both static and dynamic perspectives, using modern trade models. It focuses on determinants of the direction of trade, potential gains from trade, and the links between international trade, income distribution, employment, and economic growth. The implications of trade blocs such as NAFTA and ED will be critically examined. The practical application of trade models and case studies will be used to explain the implications of import-export transactions on firms' profits. Prerequisites: ECON 2503 and ECON 2703. Fall.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(913) 782-3750
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Regional Accreditation:
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North Central Association of Colleges and Schools
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Calendar System:
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Semester
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