KTTA4140 International Trade (5 cr)
A standard model of a trading economy. The Ricardian model of trade. Heckscher-Ohlin model of trade. Economies of scale. Imperfect competition and international trade. International trade policy. Tariff analysis.
Book exam: Academic year
Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.
recognize the traditional theories of trade,
identify the impacts of trade on welfare and factors of production,
identify the impacts of tariffs,
evaluate the economic implications of free trade,
Kirjatentti parillisina vuosina
Description of prerequisites
- Krugman, P. & Obstfeld, M. & M. Melitz; International Economics Ninth edition (2012) tai uudempi.; ISBN: 987-0-273-7409-1