International Trade Theories: Ricardian and Heckscher-Ohlin Models. The Generic Model and Offer Curves. Imperfect Competition and Intra-Industry Trade. International Factor Movements and FDI. Intertemporal Trade. Trade Strategies and Policies: Instruments of Protection, Effects of Protection on Trade and Welfare, Dumping.
Balance of Payments Theory and Policy. Models of Exchange Rate Determination. Expectations and Exchange Rate Dynamics. Stabilization Policies and Exchange Rate Regimes. BoP Crises and Capital. Flight. Optimal Exchange Rate Regimes. Optimum Currency Areas and the EU Experience. International Capital Markets.
