International Agricultural Trade

- 1 January 2021

The course introduces students to the basic international trade concepts and theories and how they are applied to analyze trade policies in both the developing and developed countries. The new-classical arguments about comparative advantage, gains from trade, and factor intensities will be emphasized. The course also covers in some depth the institutional arrangements governing world trade such as the World Trade Organization and Regional Trade Agreements. The concepts and trade arguments presented refer to trade in general but they are illustrated with examples from the agricultural sector.

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