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BUEC 442

The Global Business Environment

3 units

Winter 2026

Topics

  • World-trade patterns
  • Comparative advantage
  • Production factors and income distribution
  • Hecksher–Olin model
  • Tariffs
  • Trade policy
  • Political economy of trade
  • Agglomeration and clustering
  • Foreign direct investment
  • National income accounting
  • Exchange rates
  • Money and interest rates

Readings

  • Krugman, Paul R.; Obstfeld, Maurice; Melitz, Marc J. International Economics: Theory and Policy. 12th ed. Pearson Education, 2022.
    unspecified
Sources