[We're working to add the prerequisite for 'International Trade' as soon as possible.]

[We're working to add the motivation for 'International Trade' as soon as possible.]

[We're working to add the objectives for 'International Trade' as soon as possible.]

[We're working to add the outcomes for 'International Trade' as soon as possible.]

Topics: 1. International Trade Theories: Introduction to International Trade, Absolute Advantage Theory, Opportunity Cost Theory. Labor Productivity and Comparative Advantage: The Ricardian Model, Factor endowments and Heckscher-Ohlin Model, Leontief Paradox, Factor Price Equalization Theorem. 2. Determination of Equilibrium in International Trade: The Offer Curve. 3. Balance of Payment: Introduction to the concept of BOP 4. International Trade Policy: Import Substitution vs. Export promotion, Tariffs vs. non-tariff barriers, Free trade vs. Protectionism, Preferential Trading Arrangements, Concept of Trade Creation & Trade Diversion, Terms of Trade, Economic integration, regional trade agreements and the WTO. 5. Trade Policies in the Context of Bangladesh: A review of the Evolution of Trade Policies in Bangladesh: (Export Policy, Import Policy).

Recommended Texts: 1. Krugman P. and Obsfeld M. International Economics: Theory and Policy, 8th edition, Addison and Wesley. 2. Sodersten, B. International Economics. Additional Reading: 1. International Economics - Bo Sodersten and Geoffrey Reed, Macmillan Press Ltd. 2. International Trade theory and Policy Miltiades Chacholiades, McGraw-Hill Inc. 3. Dynamics of Trade of Liberalization in Bangladesh: Analysis of policies and practices, Selim Raihan, Pathak Shamabesh. 4. WTO and Regional Trade Negotiation Outcomes: Quantitive Assessments of Potential Implications on Bangladesh, Edited: Selim Raihan, Abdur Razzaque, Pathak Shamabesh. 5. Trend and Industrial Policy Environment in Bangladesh: With Special Reference to Non-Traditional Export Sector, Edited by Abdur Razzaque, Selim Raihan.