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EC 340, International Trade and Finance Files
EC 340 Lecture Notes
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EC 340, International Trade & Finance
Spring 1998
Lecture Notes
Theory of International Trade
Why Do Nations Trade?
Lindert and Pugel, Chapters 1, 2, and 3
Lecture 1:
(1-12-98) - Why Do Nations Trade?
Problem Set #1 - Comparative Advantage
Winners and Losers from International Trade
Lindert and Pugel, Chapters 4 and 5
Lecture 2:
(1-19-98) - Winners and Losers from International Trade
Problem Set #2 - Stolper-Samuelson
Modern Trade Theories
Lindert and Pugel, Chapter 5
Lecture 3:
(1-26-98) - Trade and Economies of Scale
Problem Set #3 - External Economies
Trade Policy
Tariffs and other Barriers to Trade
Lindert and Pugel, Chapters 7, 8, and 9
Lecture 4:
(2-2-98) - Protectionsim
Problem Set #4 - Tariffs
Pushing Exports; Preferential Trade Agreements
Lindert and Pugel, Chapters 10 and 11
Lecture 5:
(2-9-98) - Strategic Trade Policy and Trade Blocs
International Bargaining
John McMillan,
Games, Strategies, and Managers
, pp. 45-88
Lecture 6:
(2-23-98) - Negotiating
Problem Set #5 - Super 301
Politics and Trade; Trade and the Environment
Lindert and Pugel, Chapters 12 and 14 (pp. 276-281 only)
Lecture 7:
(3-9-98) - Political Economy of Trade
Problem Set #6 - Politics, the Environment, and Trade
International Finance
Exchange Rates
Lindert and Pugel, Chapters 15, 16, 17, 18, 19, and 20
Lecture 8:
(3-16-98) - Foreign Exchange
Problem Set #7 - Exchange Rates
Lecture 9:
(3-23-98) - What Determines Exchange Rates?
Problem Set #8 - Purchasing Power Parity
Open Economy Macroeconomics
Lindert and Pugel, Chapters 21, 22, 23, and 24
Lecture 10:
(4-6-98) - Open Economy Macroeconomics with Fixed Exchange Rates
Problem Set #9 - Trade and National Income
Lecture 11:
(4-20-98) - Open Economy Macroeconomics with Flexible Exchange Rates
Problem Set #10 - Flexible Exchange Rates
Answers to Lecture 11 Questions
David A. Latzko
318 COB
Department of Business and Economics
Wilkes University
Wilkes-Barre, PA 18766
phone: (717) 408-4718
fax: (717) 408-4917
dlatzko@wilkes.edu
wilkes1.wilkes.edu/~dlatzko