Economics 427 - Intl Trade Policy

One of the rare ideas that most economists agree on is that free trade is good. Why, then, are inefficient policies restricting trade so prevalent? This course will examine the incentives and outcomes of using policy to restrict or promote trade. In doing so, we will look at the link between international trade and growth, development, and labor and environmental standards. We will also consider the incentives to deviate from internationally accepted norms of trade policy through a close study of the dispute resolution mechanism of the World Trade Organization.

Requisite: ECON 300. Limited to 18 students. Professor Knudsen. Fall semester.