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International Trade and Finance

Explore the complexities of global markets in this mini-course on International Trade and Finance. This course delves into the foundational theories of international trade, beginning with the Ricardian model of Comparative Advantage and expanding to encompass a broader understanding of trade dynamics and their welfare implications. We will examine trade policy instruments, including the economics of tariffs, quotas, and trade remedies, and the motivations behind protectionism within the political economy of trade policy. Additionally, the course covers essential aspects of International Finance, focusing on exchange rate determination and related financial topics. Through this comprehensive curriculum, participants will gain a nuanced understanding of how trade policies and international financial mechanisms influence global economic interactions and national welfare, preparing them to navigate and shape international economic relations effectively. 

Dr Anup Wadhawan

Former Commerce Secretary for the Government of India (Retd.)