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
• 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. The Effects of Trade on Poverty, Inequality, and the Environment
  Further link: Paul Krugman argues that over the last decade, trade has started to have more noticeable - and negative - effects on inequality in wealthy countries. Also check out the additional message at the bottom of the page.

Problem sets

Problem set I: Ricardo, Specific-Factors, H-O; Solutions and solution to additional question

Problem set II: IRS and Monopolistic Competition, Trade & Growth Empirics; Solutions

Problem set III: Import Tariffs and Quotas under Perfect and Imperfect Competition; Solutions