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International Trade and Development

Code 15483
Year 1
Semester S1
ECTS Credits 6
Workload OT(15H)/TP(30H)
Scientific area Economics
Entry requirements Not required.
Mode of delivery The learning process combines lectures and seminar sessions, with independent study, individually or in group. These activities are supported by e-learning activities and online resources, as well as a close contact with instructor. All lectures will be based on interactive teaching and learning dynamics. Students are strongly advised to attend and take active part in the lessons.
Learning outcomes Upon successful completion of the module, the student is able to::

1. Examine different analytical perspectives on international trade and development and debate the distributional effects of trade;
2. Analyse the world trade multilateral system and the role of the WTO;
3. Analyse relevant mechanism of trade regulations in goods and services and multilateral. sectoral and regional trade agreements;
4. Examine trade policies, critical issues and challenges of the global trading system;
5. Debate the reform of the governance of the world trade system and analyse critically different perspectives;
6. Apply quantitative and qualitative data provided by international organizations to identify trade and development trends and debate its structure and policy implications;
7. Communicate effectively both in written and speaking.
Syllabus
I - Trade and Economic Global Integration
1.1 World trade: figures, trends and drivers
1.2 World trade system: from the GATT to World Trade Organisation
II – Debating Global Trade and Development
2.1 Insights from Economics and International Relations Theories
2.2 The international political-economy trilemma: the globalisation paradox
2.3 De-globalisation or re-globalisation? Challenges for trade and development
III – The WTO and Trade Agreements
3.1 Multilateral trade agreements: main areas and critical issues
3.2 Multilateral trade agreements and regional trade blocks
3.3 Doha Round, trade and development
IV – Trade and Development: critical issues, policies and challenges
4.1 World trade and global imbalances: the role of foreign aid
4.2 Dispute Settlement at WTO
4.3 Capital mobility, foreign direct investment and development
4.4 Trade, environment and protectionism
4.5 Trade wars: a treat to global trading system?
4.6 WTO and the governance of world trade system
Main Bibliography HOEKMAN, B. M. and KOSTECKI, M. M., 2010. The Political Economy of the World Trading System: The WTO and Beyond, 3. Ed., USA, Oxford University Press.

MARJIT, Sugata, 2008. International Trade and Economic Development Essays in Theory and Policy, New York, Oxford University Press.

STIGLITZ, J. and CHARLTON, A., 2006. Fair Trade for All: How Trade Can Promote Development, New York, Oxford University Press.(EG-5.10-00164)

RODRIK, Dani 2011. The Globalization Paradox: why global markets, states, and democracy can't coexist. Oxford, Oxford University Press. MLA (7th ed.).

BHAGWATI, Jagdish, 2007. In Defense of Globalization, New York, Oxford University Press.

RAVENNILL, John (ed.), 2007. Global Political Economy, New York, Oxford, Oxford University Press. (EG-5.21-00118)

CARBAUGH, Robert, 2011. Global Economics, 13 ed., International Edition, South-Western Cengage Learning.

List of selected readings available in Moodle.
Teaching Methodologies and Assessment Criteria The module is organised on lectures, seminar, tutorial sessions and independent study, individual study and group study. These activities are supported by e-learning activities and online resources, as well as a close contact with instructor. The lectures frame relevant topics and provide analytical tools required to promote students’ learning autonomy. The approach of theoretical perspectives is supported by empirical evidences, practical questions and case studies. Tutorial sessions provide support to students’ learning activities. The e-learning activities complement classroom learning activities, providing students with resources, a wide range of activities and tutorial orientation. It is expected that students produce well-informed arguments and critical thinking grounded on previous preparation of selected readings.
Language Portuguese. Tutorial support is available in English.
Last updated on: 2022-01-28

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