This field provides the tools for analysis of trade and investment relations between nations. Among the questions considered are why and what nations trade and invest internationally, and their effects – and the effects of international labor migration – on wages and employment, technology, international competitiveness, economic development, growth, and the environment. There is emphasis on how policies affect outcomes and on how policies are determined in unilateral, regional or preferential, and multilateral settings.
All students examine the broad issues of why nations trade, what they trade, and the distribution of gains from trade with attention to various manifestations of these questions including international labor integration, the product cycle, and international competitiveness.
The International Trade and Commercial Policies field of study requires the completion of a minimum ofthree courses in addition to E201. If a student places out of E201, then a minimum of four credits are required to complete the field.