This course introduces the forces and criteria for the development of a new international economic order. Emphasis is placed on balance of payments, foreign exchange rates and their determination, International Monetary System, and arguments for and against free trade and protectionism. Upon completion, students should be able to describe economic principles and concepts of international trade. |
Competencies |
·Student Learning Outcomes
1. Discuss the International Monetary System. 2. Describe economic principles and concepts of international trade. 3. Describe foreign exchange rates and their determination. 4. Describe balance of payments. |
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