The Theory of International Trade
A study of international production and exchange. The topics covered include: the nature and source of the gains from trade; the determinants of international production and comparative advantage; international factor mobility and transnational production; the implications of market imperfections; trade and growth. Particular attention is given to the generality of theoretical propositions and their empirical applications.
Note: Credit will be granted for only one of 505A, 504.
Prerequisites: 500 or 405A or equivalent.
Graduate course in the Economics program administered by the Faculty of Graduate Studies.