ECON 323: International Trade and Finance: (3-0-3)

  Theory of causes and composition of trade. Topics include: comparative advantage; tariff and non-tariff barriers to trade; economic integration and commercial policy. Financial instruments facilitating international trade. Special emphasis on recent advances in theory and empirical analysis of international trade and investment. Valuation and portfolio analysis of international stocks and bonds. Foreign direct investment and political risk management. Project finance and raising of international capital. (Prerequisite ECON 303)