International Trade and Policy

Universidad del Pacífico

Course Description

  • Course Name

    International Trade and Policy

  • Host University

    Universidad del Pacífico

  • Location

    Lima, Peru

  • Area of Study

    Business, Economics, International Business, International Trade

  • Language Level

    Taught In English

    Hours & Credits

  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    UNIVERSIDAD DEL PACÍFICO
    Department of Economics
    International Trade and Policy
    SYLLABUS

    Objectives

    This course introduces students to the study of international trade and trade policy. For this purpose, students learn about the global trade environment and international business from the perspective of a developing economy. The course takes into account the characteristics of Latin American and Peruvian economies in order to assess their role in the international markets.

    By the end of the course, students will be able to explain how economic theory and policy analysis can help us to understand the economic opportunities and challenges Peru and other Latin American economies will face in the future.

    Also covered is the use of databases and methodological tools to identify new trade opportunities.

    Class Guide

    Part I: Understanding Latin America and Peru
    Introduction
    Latin America and Peru's Integration to Global Markets

    Part II: Basic Theories of International Trade
    Comparative Advantages and Classical Theories
    Trade Policy in a Developing Economy

    Part III: Methodological Tools
    Tutorial class 1: Methodological tools (I)
    Tutorial class 2: Methodological tools (II)
    Tutorial class 3: Methodological tools (III)
    Project guide 1
    Project guide 2
    Project guide 3

    Case Study 1: Brazil's Cotton Case. Negotiation Through Litigation

    Part IV: Trade Fora
    World Trade Organization
    Free Trade Agreements
    The Peru-US FTA: Pending issues.
    APEC and Asian Economies

    Case Study 2: International Trade Meets Intellectual Property

    Part V: New Trade Topics
    The Financial Crisis and its Implicances on Trade
    Trade Facilitation and Export Business
    Services and Outsourcing
    Environment measures
    Human Capital for Global Economies
    Trade and Development

    Final Presentation

    Evaluation

    Guided Project 25%
    Case Studies (2) 40%
    Final Essay 25%
    Class participation 10%