Module code: EC3066
We live in a globalised and financially integrated world where it is very difficult for a country to prosper without any form of international trade of goods and services. This is why trade sanctions are a form of punishment and are aimed at dissuading nations from breaking international laws. International trade is one of the biggest tools of power countries use, but it doesn't come without its own issues and limitations. This module will take a more in-depth look at how economic models can be used to address the policies implemented and you will have the chance to use empirical evidence to analyse international trade from an economists prospective.