Ricardian and Heckscher-Ohlin models of international trade. The factor-price equalization theorem. Application of the Heckscher-Ohlin model: the Stolper-Samuelson and the Rybczynski theorems. Tariffs, trade controls and trade liberalization.
Credit Weight:
0.5
Prerequisite(s):
Economics 2017 and 2037
Offering:
3-0; or 3-0
Course Classifications:
Type B: Social Sciences