Exchange across international boundaries, theory of comparative advantage, balance of payments and adjustments, international financial movements, exchange rates and international financial institutions, trade restrictions and policy. I split this course into three components: (i) Trade Theory - using the older models to highlight the gains from trade and potential ambiguity of labor market outcomes, (ii) Trade Policy - shifts us away from extremes of autarky and free trade to varying degrees of trade openness through tariff rate adjustments and import quotas, and (iii) Global Finance - provides a broad understanding of exchange rate movements and associated monetary policy. The Balance of Payments acts as our set of indicators for the state of the economy.
19/59 responses across two surveys. End of term comments included:
Understanding from instructors is always the most make or break factor of a course. having an instructor that understands and can accommodate true, and real needs helps more than anything else. because often, the biggest barrier in a class is personal issues.
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