International Trade Policy

Description

This subject will cover the determinants, patterns and effects of international trade within a general equilibrium framework, where the interrelationships amongst product and factor markets in an economy are explicitly taken into consideration. It deals with how trade is affected by government policies and international trading agreements. It introduces basic analytical tools for evaluating the welfare and income distributional consequences of trade policies from both an industry and national perspective. The theories are related to current issues in international economics, such as globalisation, regional trading blocs and trade policies generally in Australia and the rest of the world. Teaching Period: 27 July 2026 to 25 October 2026 Assessment Information: Description Timing Percentage Online Test 50 minutes Week 7 20% Written Assignment 1000 words Week 11 20% Tutorial attendance and participation Throughout the semester 10% End-of-semester Examination 2 hours Hurdle requirement: To pass this subject, students must pass the end of semester examination During the examination period 50%