International Trade: From Theory to Evidence

Lecture notes

• 1. Course Overview and Introduction: Chapter 1: Trade in the Gobal Economy
  Further Link: The World Trade Organization provides a lot of useful information and statistical data on trade.
• 2. Chapter 2: Trade and Technology: The Ricardian Model
• 3. Chapter 3: Gains and Losses from Trade in the Specific-Factors Model
• 4. Chapter 4: Trade and Resources: The Heckscher-Ohlin Model
  Further Link: The Nobel Foundation has a little trade game on its webpage in honor of Nobel Prize winner Bertil Ohlin.
• 5. Chapter 5: Movement of Labor and Capital between Countries
  Further Link: A recent article on migration in Latin America looks at the wage effects in host countries and discusses the issues of brain drain and brain waste.
• 6. Chapter 6: Increasing Returns to Scale and Imperfect Competition
• 7. Trade and Growth Empirics
• 8. Chapter 8: Import Tariffs and Quotas under Perfect Competition
• 9. Chapter 9: Import Tariffs and Quotas under Imperfect Competition
  Further Link: A recent article on antidumping looks at how antidumping measures have been used during the global economic crisis as a veiled form of protectionism.
• 10. Chapter 10: Export Subsidies in Agriculture and High- Technology Industries
• 11. The Effects of Trade on Poverty, Inequality, and the Environment

Problem sets

• Problem set 1: Ricardo, Specific-Factors, H-O; Solutions to be discussed on April 14
• Problem set 2: IRS and imperfect competition, trade and growth empirics
• Problem set 3: Trade policy; Solutions to be discussed June 2