An extension of the basic principles of economics to international trade. Topics covered include the theory of international specialization, tariffs and other barriers to trade, trade liberalization and economic integration, international movements of labour and capital, trade and development. Preclusion: credit will not be given if taken concurrently with or after ECON 4601. Precludes additional credit for ECON 3600. Prerequisite(s): ECON 1000 or FYSM 1003.Lectures three hours a week.
An extension of the basic principles of economics to international trade. Topics covered include the theory of international specialization, tariffs and other barriers to trade, trade liberalization and economic integration, international movements of labour and capital, trade and development. Preclusion: credit will not be given if taken concurrently with or after ECON 4601. Precludes additional credit for ECON 3600. Prerequisite(s): ECON 1000 or FYSM 1003.Lectures three hours a week.