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ECON847: International Trade

Lecturer in charge


Mr Joseph Macri, Mr Marc Lombard

Availability


D1 - Day; Offered in the first half-year
D2 - Day; Offered in the second half-year
E1 - Evening; Offered in the first half-year
E2 - Evening; Offered in the second half-year
X2 - External study; Offered in the second half-year

Unit Outline


2003 - Semester 1
2003 - Semester 2
2005 - Semester 2

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Handbook entry

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Description

This unit examines international trade both in theory and practice. It first reviews the theories related to inter- and intra-industry trade determination and the empirical evidence supporting them. It then examines trade policies, covering a wide range of topics (see below), illustrated by up-to-date case studies. The unit has a policy approach and aims at also providing students with a good understanding of major trade issues around the world and the effects of globalisation on trade focuses on current applications of the theoretical principles.

Topics

  • The Theory of Comparative Advantage
  • Trade and Income Distribution
  • New Theories of Trade
  • Trade Restrictions: Tariff
  • Trade Restrictions: Non-Tariff Barriers
  • Political Economy of Trade
  • Globalisation and WTO's Contentious Issues
  • Trade Blocs
  • Trade and Developing
  • Australia's Trade and Balance of Payments
  • International Factor Movements: Immigration and Foreign Investment
  • International Trade and Exchange Rates

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