Using the base of the previous years’ economics courses, the theories of international trade and the systems and institutions which relate to it are analysed. Older forms of international trade involved exchange of finished goods between countries. Modern trade may be in part-finished goods, between companies. Trade policy is affected by this development. Selected economic aspects of globalization are examined.
Evolution of international trade and globalisation
International trade theories.
World Trade Organisation, multilateralism
Foreign Direct Investment, multinational corporations, global value chains
Issues of globalization, for example - migration, energy, inequality
Lectures, discussion, case study or video, data analysis or review exercises (possibly online), readings.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 40 |
| Other Assessment(s) | 60 |