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International Trade Policy
Advanced Level

International Trade Policy

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International Trade Policy

Master the complexities of international trade to learn how policy affects the economy in this free online course.
This free online course explains the impact of international trade on national economies. We delve into the nuances of trade policy to demonstrate how they can drive or cripple economic growth, which greatly ... This free online course explains the impact of international trade on national economies. We delve into the nuances of trade policy to demonstrate how they can drive or cripple economic growth, which greatly impacts the welfare of the country's citizenry. This course is packed with exciting topics that lay bare the important aspects of international trade to arm you with the skills and knowledge required to work in this field.
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What You Will Learn In This Free Course

  • Distinguish between partial and gen...
  • Describe how the size of a country ...
  • Contrast consumer surplus and produ...
  • Discuss how import quotas can affec...
  • Distinguish between partial and general equilibrium analysis
  • Describe how the size of a country can change the effect of policies in the international market
  • Contrast consumer surplus and producer surplus
  • Discuss how import quotas can affect the price of products and the welfare of countries
  • Distinguish between an import tariff and an import quota
  • Explain the World Trade Organization's position regarding import quotas and tariffs
  • Outline the welfare effects of export taxes on both importing and exporting countries
  • Identify the key potential problems faced by consumers when attempting to lobby
  • List some factors that affect a government's decision when lobbied by both consumers and producers
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