EC239
 Introduction to International Trade
 0.5
An introductory course in international trade theory and policy.
Partial and general equilibrium analysis is used to discuss the direction 
of and gains from trade, and the effects of distortions like tariffs and 
quotas. The second part of the course includes a discussion
of trade policy issues such as the formation of free trade areas
and customs unions, and the operation of the world trading system under 
the World Trade Organization (formerly GATT).
Prerequisite: EC120 (or EC101), EC140 (or EC102).