Several aspects of trade policy are examined, including its economic rationale, the policy instruments used, and their welfare implications. The topics covered include: tariffs and non-tariff barriers to international trade, strategic trade policy, the political economy of trade policy, GATT/WTO, and trade bloc formation. The emphasis is on both technical and institutional issues.
Method of assessment:
A 1-hour test (25%) and a 2-hour written examination (30%)