International Trade

18 Feb 2025 ~ 3 Jun 2025

Welcome to the homepage of International Trade !
Tips: The greatest improvement in the productive powers of labour seems to have been the effects of the division of labour.
——Adam Smith

Course Introduction

Course number: 09020350 Credit: 2

The teaching content of this course is as follows:

Week	Content
1-2: Core Concepts of International Trade	Key concepts in international trade research Differences between international and domestic trade New developments in international trade
3: International Division of Labour & Trade Benefits	New characteristics of international division of labour Benefits of international trade
4-7: International Trade Theories	Classical international trade theories Modern international trade theories New trade theories: intra-industry, intra-firm, intra-product trade theories New-new trade theory, national competitive advantage theory, digital trade theory In-class test
8: World Market & Terms of Trade	Concepts of world market and terms of trade
9-10: Theories of Terms of Trade Determination	Terms of trade determination theory (offer curves) New developments in terms of trade theory Unequal exchange theory
11-12: International Trade Policy Theories	Overview of international trade policies Infant industry protection theory Political economy of international trade policies Trade policies of contemporary developed countries
13-14: Trade Policy Instruments & Economic Effects	Tariff policies and their economic effects Non-tariff policies and their economic effects
15: WTO, FDI & Regional Economic Integration	Core principles of WTO Key theories of international direct investment (FDI) Regional economic integration
16: Trade Development Strategies & Final Analysis	Trade development strategies Final term analysis and discussion

Course Resourse

Textbook of International Trade

Textbook.

Courseware of International Trade

The Study of International Trade.
Gains from International Trade.
Classical International Trade Theories.
Factor Endowment Theory and Its Development.
New Theories of International Trade.
World Market and Terms of Trade.
Theories of International Trade Policy.
Measures of International Trade Policy (Part 1).
Measures of International Trade Policy (Part 2).
WTO.
International Capital Flows and International Trade.
International Trade and Economic Development.

Tips of International Trade

You can earn bonus points for submitting outstanding papers. Also, cram for the final exams! Good luck!

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