Aim of the course is to give students the knowledge of recent international trade theories based on technological progress and imperfect competition.
The course will also analyze the role of international economic institutions such as the International Monetary Fund (IMF) and the World Trade Organization (WTO)
Recent dynamics of international trade will be discussed in seminars in which students shall presents short papers.
The course will be taught in English language
Limits of neo-classical theory of international trade;
The Leontieff Paradox and empirical tests of the Heckscher-Ohlin theory;
Technical change and international trade: the neo-technological approach;
Imperfect competition and intra-industry trade;
The role of IMF and WTO in the world economy
J. Borkakoti, International Trade, MacMillan, chapters: 6 (from 6.1 to 6.4) 8,10,11, 13,16,17,21,22,24,25,26;
The teacher will suggest additional readings during the course
Short papers written by students shall contribuite to the final mark.