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A A E 319

THE INTERNATIONAL AGRICULTURAL ECONOMY

3 credits.

The nature of trade in agricultural products, trade policies and practices of importing and exporting nations, agricultural policies of major trading blocks, market instability and other primary commodity problems, recent history and current developments in multilateral trade policy.

Prerequisites & course information

Requisites: A A E 101 (215 prior to Fall 2024), ECON 101 , or 111 Course Designation: Core GenEd - Social & Behavioral Science Repeatable for Credit: Yes, unlimited number of completions Last Taught: Fall 2022 Learning Outcomes: 1. Apply basic models of international trade to agricultural markets. Audience: Undergraduate 2. Describe how different domestic policies shape international agricultural trade flows. Audience: Undergraduate 3. Demonstrate how factors including comparative advantage, market power, and market instability impact international agricultural trade for both small and large countries. Audience: Undergraduate 4. Summarize the current state of international agricultural trade and its effects on economic, social, and environmental outcomes. Audience: Undergraduate Learning Outcomes: 1. Apply basic models of international trade to agricultural markets. Audience: Undergraduate 2. Describe how different domestic policies shape international agricultural trade flows. Audience: Undergraduate 3. Demonstrate how factors including comparative advantage, market power, and market instability impact international agricultural trade for both small and large countries. Audience: Undergraduate 4. Summarize the current state of international agricultural trade and its effects on economic, social, and environmental outcomes. Audience: Undergraduate

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