Модели международной торговли
- students will try to understand which policy is beneficial for country’s welfare and in which cases
- students will know the classical and modern theories of international trade
- that will demonstrate how the theories can be applied to analyze some of the current international trade issues
- 1) Basic facts and issues in trade.
- 3) Specific-factors model: effects of trade for mobile and specific factors.
- 2) Ricardian model and its extensions.
- 5) Factor-price-equalization theorem. Empirical tests of the Heckscher-Ohlin model: the Leontieff paradox. Rybczynsky theorem
- 4) Heckscher-Ohlin model and its variants. The Heckscher-Ohlin theorem and the Stolper-Samuelson theorem.
- 6) New Trade Theory: increasing-returns-to-scale models. Heterogeneity: the Melitz effect.
- 7) Oligopoly models of trade. Reciprocal dumping.
- 8) Outsourcing (offshoring)
- 9) Trade policy under perfect and imperfect competition. Trade policy in developing countries. Globalization and low-wage labor.
- 10) International agreements, trade creation and trade diversion
- 11) International trade and immigration
- 12) Political economy of trade policy: lobbying tariffs, trade and military conflicts.
- 3) WTO and the environment
- Interim assessment (2 module)0.6 * a final exam + 0.3 * in-class midterm test + 0.1 * in-class quizzes
- Irwin, D. A. (2015). Free Trade Under Fire : Fourth Edition (Vol. Fourth edition). Princeton, New Jersey: Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=890912
- Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2018). International Trade: Theory and Policy, Global Edition (Vol. Eleventh edition). Harlow, England: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1629189
- Mingyue WANG, & Rui KONG. (2019). Study on the Characteristics of Potassium Salt International Trade Based on Complex Network. Journal of Business Economics & Management, 20(5), 1000–1021. https://doi.org/10.3846/jbem.2019.10455
- Helpman, E. (2011). Understanding Global Trade. Cambridge, Mass: Harvard University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=390174