The main objective of this course is to introduce students to international trade that is economic exchanges between nations. The course examines exchanges between nations in the form of goods and services. The first part of the course presents an overview of the global economy and the nature and significance of exchanges between nations. The course continues with an introduction into the economic theories of international trade. It also examines the costs and benefits to a nation from its participation in international exchanges. The course then takes up the nature and forms of barriers to trade that different nations impose on the flow of international trade and the reasons for their imposition. The course emphasizes the application of theories to current issues in world trade and illustrates the arguments with specific examples drawn mostly from the experience of the European Union in world trade.
An applied sciences research-orientated university, promoting research excellence and innovation for the benefit of science and society. Recently developed strategic plan gives emphasis on campus life, student experience and sustainable development within the 17 UNSDG’s framework.
CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.
