International economics
Introduction
These lectures continue the course of International Trade, presented by professor Émilie Caldeira. We introduce the Standard Trade Model, which may be seen as a general model from which the Ricardian and the Hecksher-Ohlin model are special cases.
We then study some commonly used trade policy instruments using partial equilibrium analysis.
- Tariff policies
- Tariffs
- Subsidies
- Other instruments in international trade
- Quotas
The course closely follows “International Economics, Theory and Policy” by Krugman, Obstfeld and Melitz.