The sculpture Man Controlling Trade created by Michael Lantz. The statue sits outside the Federal Trade Commission Building in Washington, D.C. (Image by Amuaury Laporte on Flickr. License: CC: BY-NC.)
Instructor(s)
Prof. Arnaud Costinot
MIT Course Number
14.54
As Taught In
Fall 2016
Level
Undergraduate
Course Description
Course Features
Course Description
This course will analyze the causes and consequences of international trade and investment. We will investigate why nations trade, what they trade, and who gains (or not) from this trade. We will then analyze the motives for countries or organizations to restrict or regulate international trade and study the effects of such policies on economic welfare. Topics covered will include the effects of trade on economic growth and wage inequality, multinationals and foreign direct investment, international trade agreements and current trade policy disputes.
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