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Course Description
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Course Name
International Trade
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Host University
Florence University of the Arts, La Spezia Campus
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Location
La Spezia & Cinque Terre, Italy
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Area of Study
International Economics
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Language Level
Taught In English
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Prerequisites
Successful completion of a basic economic course.
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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Credits
3 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
3 semester credits. This course offers a comprehensive exploration of international trade, examining its theoretical foundations, practical applications, and the ongoing debates that shape global commerce. Students will assess how factors like market size, production capabilities, and geographical distance influence trade flows, to they will focus on the evolving composition of traded goods and services. Students will also examine trade policy instruments, such as tariffs and quotas, and their impact on economies. The course critically analyzes the political economy of trade, understanding the competing interests that influence policy decisions. Classes going beyond traditional trade, as they seek to evaluate contemporary issues like the rise of intra-industry trade, the increasing role of multinational enterprises (MNEs), and the ongoing debates surrounding free trade and protectionism.