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.
- International Trade Theory
- The Theory of Comparative Advantage
- Intra-Industry Trade Theory
- The Heckscher-Ohlin Model
- Tests of Trade Models
- Trade Practices and Barriers to Trade
- Motives for Protection
- Tariffs and Trade Theory
- Nontariff Barriers to Trade
- Multilateral Trade Agreements
- History of GATT and the WTO
- Current Issues before the WTO
- Preferential Trade Arrangements, eg
- The European Union
- Trans Pacific Free Trade
- The Growing Importance of the Emerging Economies in the World Economy
Methods of Instruction
Lecture and Seminar.
Means of Assessment
|Term Tests (minimum of one)
||30% - 50%
|Assignments (minimum of two)
||10% - 30%
|| 0% - 30%
|| 0% - 10%
||30% - 40%
At the end of the course, the student will be able to:
- Utilize trade theory to explain why nations trade and the various factors that determine the amount and terms of trade
- Analyze the role of national governments in controlling, limiting and encouraging international trade
- 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
- Analyze current issues before the World Trade Organization and debate the continued movement toward free trade in the global economy
- Determine the effect of the growing importance of the emerging economies in the world economy
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.
Below shows how this course and its credits transfer within the BC transfer system.
A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.
For more information on transfer visit the BC Transfer Guide and BCCAT websites.
If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.