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Economics of Globalisation
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The module is designed to provide in-depth examination of (1) the determinants of the pattern of international trade specialisation as is observable in the real world and (2) trade policy and the welfare effects of trade restrictions for an individual country, regional grouping and the world as a whole. The theoretical aspects will be complemented with a close inspection of some topical issues, such as labour standards and the quest for "fair trade" and the role of multinational corporations in the global economy.