International trade has always been economically controversial and politically contentious. This course demystifies some of the complex issues that surround discussions of globalization. It asks such questions as: Why do countries engage in trade? Are countries in competition with one another, making one a winner and another a loser, or is trade mutually beneficial? Who gains and who loses from international trade within any given country? How is the burden of import tariffs divided in the economy? What is the impact of a trade war on the global economy? This course examines these questions and much more.
