INTERNATIONAL TRADE IN AGRICULTURE

Basis for international trade; Theory of comparative advantage & potential gains in trade; Patterns of trade in Agricultural products, Concepts of free trade; Trade policies & practices of export & import nations; Analysis of effects of different measures of protection & intervention; Commodity agreements; Agricultural trade; Policies of common market areas & the role of international institutions - GATT and UNCTAD; Gender analysis of international trade policies.                                                                                                                                                                                                                                                    objectives:

• To equip students with knowledge and understanding of the worldwide importance of international trade, why we trade, concepts underlying and the overall importance of international trade.
• To enable students improve their ability to evaluate economy wide problems concerning free trade, protectionism, competitiveness, benefits from trade, including other issues and applications on global trade.