International Trade

Code:

1GE401

Acronym:

CI

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2022/2023 - 2S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Bachelor in Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LGES	151	Bologna Syllabus since 2012	3	-	3	42	81

Teaching language

Portuguese

Objectives

The course aims to provide students with the necessary instruments to understand the current process of internationalisation of economies and firms. 

Learning outcomes and competences

By the end of the course, students should be able to understand and discuss the direction and characteristics of the internationalisation process and to evaluate the impact of both protectionist and liberalising trade policies.

Working method

Presencial

Program

1.Introduction: Recent trends in the world economy. International Economic Institutions: GATT and WTO. Measuring international trade and investment.
2. International Trade theories: Theories based on comparative advantage. New trade theories.
3. The political economy of international trade: Instruments of trade policy and their impact. Free trade vs. protectionism: costs and benefits. 

Mandatory literature

A.P.Africano, F.Castro, M.Fonseca, O.Afonso, R.Forte e R.H.Alves; Comércio internacional- Teorias, Políticas e Casos Práticos, Almedina, 2018

Complementary Bibliography

Krugman Paul R.; International economics. ISBN: 978-1-292-01955-0
Hill, Charles e Thomas Hult; International Business: Competing in the Global Marketplace, McGraw-Hill, 11th edition, 2016
Appleyard Dennis R.; International economics. ISBN: 978-1-259-25136-8

Teaching methods and learning activities

Classes are theoretical and practical. Whenever possible the presentation of ths syllabus will be complemented by practical examples in order to encourage students to actively participate in the discussion of issues and to contribute with new examples.

keywords

Social sciences > Economics > International economics > International commerce

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Participação presencial	0,00
Teste	100,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	39,00
Frequência das aulas	42,00
Total:	81,00

Eligibility for exams

Final exam or by distributed assessment.


Distributed assessment with test / final exam - Assessment components:

-- mini-test / question-class 1: 12.5%.

-- mini-test / question-class 2: 12.5%.

-- Final global test / exam regular season: 75%.

Thus, the assessment will take one of the following forms, to be chosen by the student:

- Distributed assessment as described above. If the mark of the "Final global test / exam regular season" is higher than the average of the mini-tests, the mark of the "Final global test / exam regular season" is considered. The minimum grade for the "Final global test" is seven (7) values.

- Evaluation by final exam.

Calculation formula of final grade

Final Grade
=12.5%*MT1+12.5%*MT2+75%*Test/Exam