ECON71-303: International Trade

Designed to foster a sophisticated and nuanced understanding of international trade issues and policy. The impact of protectionist instruments and the role of international agreements and organisations in moderating protectionist behaviour are examined using economic theory. The history of Australian protectionism will be used as an example to illustrate how attitudes to protectionism can evolve over time. This example will illustrate that a national mindset, as well as self-interest, influences the formation and evolution of policy. Also, we will examine how trade and investment policies affect developing countries.