International Trade: Theory and Policy

Discipline: Semester at Sea Seminars
Instructor: Ranade
Credits: 3

Field Work: Day 6 - Thursday, 3 March | India Download Syllabus

This course studies the nature and determinants of international trade and factor movements; the effects of international trade on prices of goods and factors; the consequences of tariffs, quotas, customs unions, and other trade policies and agreements, national or international; and international trade and the balance of payments.

Field Work

Country: India
Day: 6 - Thursday, 3 March

In the morning students will attend a lecture followed by discussion on India’s trade policies. This will be organized by the Center for Public Policy Research in Kochi In the afternoon the students will visit to a spice factory and see how trade is takes place in the spices and related products.

Academic Objectives:
1. Understand the role of international trade in global economy, with particular reference to spice trade from India
2. Understand complex policy making in India about trade
3. Understand India as a member of BRICS.