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14.54 International Trade
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Undergrad (Fall) HASS Social Sciences
(Subject meets with 14.540)
Prereq: 14.01
Units: 4-0-8
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Provides an introduction to theoretical and empirical topics in international trade. Offers a brief history of globalization. Introduces the theory of comparative advantage and discusses its implications for international specialization and wage inequality. Studies the determinants and consequences of trade policy, and analyzes the consequences of immigration and foreign direct investment. Students taking graduate version complete additional assignments.
A. Costinot