International Trade

Reading:The Stranger

Activity: The International Trade Game – I have tweaked this for my own use. Contact me for more. 

Textbook Reading: Chapter 10 (Section 10.1; pp. 329-341)

Learning Objectives: Estimate the welfare effects of trade intervention

Focus on diversity: Deepak Lal is one of the most famous advocates of open trade policies. He was also a known skeptic of development economics. He passed away in 2020.