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Institution:
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Johns Hopkins University
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Subject:
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Description:
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This introductory course in international trade has two main goals. The first is to develop a theoretical framework of the costs and benefits of trade to an individual country, with the aim of formally determining why countries trade with each other. The models developed will rely heavily on algebra and graphing, so familiarity with these mathematical techniques is essential. The second goal is to employ these theoretical foundations to evaluate the common, and often controversial, trade policies implemented by countries, and to identify their political-economy consequences. The policy discussion will focus on tariffs,subsidies, quotas, preferential trade arrangements, labor standards, and environmental protection. Particular attention will be given to the tensions between emerging economies and their developed counterparts. * Prerequisites: 180.101-102 (Microeconomics and Macroeconomics)
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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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(410) 516-8000
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Regional Accreditation:
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Middle States Association of Colleges and Schools
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Calendar System:
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Semester
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