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Author:
The Saylor Foundation
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| Description: |
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Historically, international trade has played a critical role in enabling countries to grow, develop, and become economically powerful. Through international trade in goods and services, the economies of different countries are more closely linked to one another now than ever before. At the same time, the world economy is more turbulent now than it has been in decades. Keeping up with the shifting international environment has become a central concern in business strategy and national economic policy. This course uses the same fundamental methods of analysis deployed in other branches of economics, as the motives and behavior of individuals and firms remain the same whether they are in the context of international trade or domestic transactions. The student will learn, however, that international trade introduces an entirely new and different set of concerns as well. This free course may be completed online at any time. See course site for detailed overview and learning outcomes. (Economics 307)
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| Keywords: |
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International Factor Movements, Standard Trade Model, Economies of Scale, Comparative Advantage, Optimum Currency Areas, International Monetary System, Global Capital Market, Income Distribution, Labor Productivity, National Income Accounting, Imperfect Competition, International Trade
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Primary Audience:
College Upper Division
Mobile Compatibility:
Not specified at this time
Language:
English
Material Version: 0
Cost Involved:
no
Source Code Available:
no
Accessiblity Information Available:
no
Copyright:
yes
Creative Commons:
This work is licensed under a
Attribution 3.0 United States
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