Domestic Policies And International Trade
This topic will cover the determinants, patterns and effects of international trade within a basic equilibrium framework, where the interrelationships amongst product and aspect markets in an economy are explicitly taken into consideration. It bargains with how trade is affected by government policies and international trading agreements. It introduces simple analytical tools for evaluating the welfare and revenue distributional consequences of trade policies from both an market and national perspective. The theories are related to current problems in international economics,…