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Introduction to International Economics
This
course explores the theoretical foundations and empirical realities of
international trade flows, commercial policies (tariffs, quotas, etc.)
and international finance. The course emphasizes the welfare
implications of international trade and commercial policies and links
these to discussion of disputes over international trade agreements.
The international finance portion of the course covers the foreign
exchange market, balance of payments analysis and an introduction to
open economy macroeconomics. Recommended for students majoring in
international studies. Prerequisite: Economics 119. Every year. (4
credits)
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