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IR457 The Political Economy of International Trade

The study of the choice of trade policy and the institutional context in which it takes place.

This course investigates how theories of emphasising distributional interests and institutions can explain trade policy choices. Particular emphasis is placed on giving students an understanding of the fundamental models of political economy. The course then applies these various issue-areas of trade policy, among them the role of the GATT and the WTO, regional trade agreements, trade in services, and the relationship between trade and foreign direct investment. While there is no formal pre-requisite for the course, it would be preferable for students to have already completed an introductory course in microecnomics and basic knowledge of quantitative analysis. Students without a previous background in quantitative methods can attend lectures from M1451 and M1452.

Dr Leonardo Baccini


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