International Trade Theory

This is an introductory course to trade theory for lawyers. It is designed to equip LL.M. Candidates with basic knowledge and understanding of International trade theories. The application of these theories is illustrated with reference to applied national and regional trade policies and laws. The course examines the two broad groups of theories:
• the orthodox or classical country-based theories and
• the new or modern firm-based theories.

The broad objective is to provide basic knowledge and understanding of international trade theories and their application in the trade policies and laws that govern our national and international spaces. Specifically, the course will
• Expose Candidates to the key theories of international trade
• Review the application of these theories in Lesotho, SADC, and Africa
• Thereby improve the ability to interpret and to understand the application of theories to existing trade policies and laws.
We aim to produce high quality graduates who are employable by the public and private sectors
locally, regionally, and internationally. Further, to empower our graduates to contribute to the
economic, social, and political well-being of their nations.