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INTERNATIONAL TRADE - ECON 4431W Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill) 1.Define and write down diagram if needed Analysis of

INTERNATIONAL TRADE - ECON 4431W

Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill)

1.Define and write down diagram if needed

Analysis of welfare effects of all trade restrictions; in small and large countries; comparison of effects, burden of trade restrictions on both countries, Quota Rent explanations

Protection: arguments for; valid/invalid arguments; measurement of Protection (ERP and NRP)

Dumping and US policies about Dumping

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