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Economics: Difference between revisions
→Week 37 - Modern trade theories, trade policy: link harvesting === Trade policy ===
(→Week 37 - Modern trade theories, trade policy: adding information / link harvesting from course outline for session 3) |
(→Week 37 - Modern trade theories, trade policy: link harvesting === Trade policy ===) |
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:#) '''technical service agreements''' | :#) '''technical service agreements''' | ||
:#) '''[[w:strategic alliance|strategic alliance]]s''' | :#) '''[[w:strategic alliance|strategic alliance]]s''' | ||
=== Trade policy === | |||
* Various instruments of '''[[w:trade policy|trade policy]]''': including '''[[w:tariff|tariff]]s, [[w:quota|quota]]s, [[w:export subsidies|export subsidies]], [[w:voluntary export restraints|voluntary export restraints]] and local content requirements'''. | |||
* The effects of these policies on [[w:price|price]]s and [[w:trade|trade]] [[w:volume|volume]]s | |||
* [[w:Consumer|Consumer]] and [[w:producer|producer]] [[w:surplus|surplus]]: [[w:welfare|welfare]] effects of various [[w:protectionist|protectionist]] measures | |||
* The [[w:political economy|political economy]] of [[w:trade theory|trade theory]]: why certain restrictions exist | |||
* [[w:Optimum|Optimum]] [[w:tariff|tariff]]: countries can improve their terms of trade and their [[w:national|national]] [[w:welfare|welfare]] | |||
* If [[w:labor market|labor market]] is not functioning properly ([[w:market failure|market failure]]), the theory of [[w:second best|second best]], [[w:marginal benefit|marginal social benefit|]] - considerations of [[w:income distribution|income distribution]] | |||
* [[w:GATT|GATT]], [[w:WTO|WTO]], [[w:customs union|customs union]], [[w:free trade area|free trade area]]s | |||
== Week 38 - No class, work on report == | == Week 38 - No class, work on report == | ||