North American International Trade Issues

Commerce & Business Administration
Course Code
ECON 3300
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
Method(s) Of Instruction
Course Designation
Certificate in Global Competency
Industry Designation
Typically Offered
To be determined


Course Description
International Trade Issues is a post principles course examining international trade theory and policy. This course will examine a variety of trade issues including the incentives to engage in trade, the motivation for and the effects of barriers to trade, and the impact of major trade agreements. A primary objective of this course will be to examine world trade issues and policies in a global context.
Course Content
  1. International Trade Theory
    • The Theory of Comparative Advantage 
    • Intra-Industry Trade Theory
    • The Heckscher-Ohlin Model
    • Tests of Trade Models
  2. Trade Practices and Barriers to Trade
    • Motives for Protection 
    • Tariffs and Trade Theory
    • Nontariff Barriers to Trade
  3. Multilateral Trade Agreements
    • History of GATT and the WTO
    • Current Issues before the WTO
  4. Preferential Trade Arrangements, eg
    • NAFTA
    • The European Union
    • ASEAN
    • Trans Pacific Free Trade
  5. The Growing Importance of the Emerging Economies in the World Economy


Learning Activities

Lecture and Seminar.

Means of Assessment
Term Tests (minimum of one) 30% - 50%
Assignments (minimum of two) 10% - 30%
Essay/Research Project   0% - 30%
Participation       0% - 10%
Final Examination 30% - 40%
Total         100%

Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.

Learning Outcomes

At the end of the course, the student will be able to:

  1. Utilize trade theory to explain why nations trade and the various factors that determine the amount and terms of trade
  2. Analyze the role of national governments in controlling, limiting and encouraging international trade
  3. Evaluate the implications of major trade agreements such as the General Agreement on Trade and Tariffs (GATT), North America Free Trade Agreement (NAFTA), the European Union and other regional trade agreements
  4. Analyze current issues before the World Trade Organization and debate the continued movement toward free trade in the global economy
  5. Determine the effect of the growing importance of the emerging economies in the world economy
Textbook Materials

The text is to be chosen from the following, or as approved by the Economics department:

Gerber, J. International Economics, Latest Ed. Addison Wesley Pearson.

Husted, S., et al. International Economics, Latest Ed. Addison Wesley Pearson.

Krugman, P., et al. International Trade: Theory and Policy, Latest Ed. Addison Wesley Pearson.




No corequisite courses.


Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see

Institution Transfer Details for ECON 3300
Acsenda School of Management (ASM) ASM ECON 3XX (3)
Athabasca University (AU) AU ECON 475 (3)
Capilano University (CAPU) CAPU ECON 2XX (3)
Coast Mountain College (CMTN) CMTN ELEV (3)
College of the Rockies (COTR) COTR ECON 2XX (3)
Langara College (LANG) LANG ECON 2XXX (3)
Simon Fraser University (SFU) SFU ECON 2XX (3)
Thompson Rivers University (TRU) No credit
Trinity Western University (TWU) TWU ECON 3XX (3)
University Canada West (UCW) UCW ECON 3XX (3)
University of British Columbia - Vancouver (UBCV) UBCV ECON 2nd (3)
University of Northern BC (UNBC) UNBC ECON 2XX (3)
University of the Fraser Valley (UFV) UFV ECON 341 (3)
University of Victoria (UVIC) UVIC ECON 3XX (1.5)

Course Offerings

Summer 2023