Introduction to International Trade

Name: Introduction to International Trade
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Learn about international trade and how it helps develop the world’s different economies in this free commerce course.

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Learning Outcomes

In this free course, you will learn how to:

Explain how the American real estate bubble burst in 2009 caused the economic downturn
Outline the steps taken by the WTO's Dispute Settlement Body in resolving trade disputes among member countries
State the different reasons countries trade according to the Ricardian theory
Describe how price differences in the products of different countries can influence international trade
Outline at 10 determinants of Terms of Trade
Explain how the three-trader trade pattern can reflect in international trade
Explain how economies of scale facilitate international trade
Describe the effect of a firm equilibrium in a monopolistic competition trade
Outline the costs of free trade under monopolistic competition according to the economies of scale model

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