| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| UTI209 | INTERNATIONAL TRADE THEORY | 3 | 3 | 3 | 6 |
Objectives and Contents |
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|---|---|
| Objectives: | This course aims to introduce the necessity of international trade, macro structure, free trade, trade policies, significant international institutions and effects of these institutions on international trade practices; international trade theories started in the mercantilist period and extended and transformed up to the present. |
| Content: | Contents of the course include classical theory of trade, Heckscher-Ohlin theorem, imperfect competition, gains from trade, institutions in international trade, Turkey – EU custom union agreement, method of payment in foreign trade, documents exercised in international trade, customs rules and practices, balance of international payments, foreign trade policies practices, international trade and economic growth and theory of trade and development. |