International Trade: Theory and Policy

From Ricardo's comparative advantage to the modern tariff wars — a systematic survey of trade theory, policy instruments, and the political economy of globalization. Covers the distributional effects of trade and why economists and voters disagree so fundamentally.

Sessions

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About these notes: These are an independent student's personal academic synthesis compiled from publicly available sources — including academic publications, international news, financial research, and AI-assisted research tools. They are not transcripts, summaries, or reproductions of any course lectures or instructor materials. No proprietary course content is reproduced here. All analytical frameworks and interpretations are the author's own.

Session List

00 Comparative Advantage: Why Nations Trade Read → 01 Heckscher-Ohlin Theory: Where Does Comparative Advantage Come From? Read → 02 Trade, Growth, and Terms of Trade Read → 03 Scale Economies and New Trade Theory Read → 04 Labor, Migration, and Factor Mobility Read → 05 Trade Policy Instruments: Tariffs, Quotas, and Subsidies Read → 06 The WTO and the Crisis of Multilateralism Read → 07 The Return of Tariffs: Trade Wars and Economic Nationalism Read → 08 Preferential Trade Agreements: Regionalism and Its Discontents Read → 09 Industrial Policy and the Infant Industry Debate Read →