International Trade and Finance:

It refers to the exchange of goods and services between countries.  Goods sold to other countries are referred to as exports and goods bought from them are dubbed as International trade also involves movement of capital between countries.

• Explain reasons for International trade.
• Give a detailed account of the theory of Comparative Cost Advantsge.
• Explain the advantages and disadvantages of international trade.
• Explain the Terms of Trade and Balance of Payments.
• Identify and explain trade barriers.
• Explain methods of protecting international trade.
• Give an account of foreign exchange markets.