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This course is made of three different sections. The first one examines the basis of trade, the gains from trade, and the impact of trade on growth, employment and income. Topics include but are not limited to the theory of comparative advantage, the determination of terms of trade, protection in theory and practice. The second section of the course examines the impact of the international monetary system on international trade, international capital management, employment and growth. The course concludes by providing an introduction to and overview of the economics of international development. The primary objective is to give the students a basis for thinking about the processes driving economics.
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