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Apr 20, 2024
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ECON 403 - International Trade
International Trade Theory: Mercantilist Theory, comparative costs, and post- Ricardian theories including economies of scale and imperfect competition. Protection Theory; Effective Protection. Terms of trade, national income and the balance of payments. Fluctuations in trade. Foreign exchange markets, exchange rates and adjustment in the balance of payments. International resource movements.
Prerequisites
Prerequisites: ECON 301 and 302.
When Offered
Offered in fall and spring.
(3 cr.)
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