ECOM124 - International Economics
This module will analyse the causes and consequences of international trade. To this end, we will learn the theoretical tools necessary to understand why countries trade, which goods are traded, which are the gains from trade and who enjoys them, and why multinational corporations may arise. The theoretical results will be confronted with data by reviewing the related empirical literature. Next, we will address the reasons why countries may have an incentive to restrict or regulate international trade and study the tools of trade policy.