DENI-5701 Foreign Trade

Basic concepts, policies and institutions. The purpose of the contextualization module is to present a series of basic concepts based on which students manage to understand the structure of foreign trade from the perspective of economic theory. Monetary variables of foreign trade are studied as of this starting point, covering concepts such as: balance of payments, capital flow, exchange market and reserves.   The second part is devoted to the theoretic and practical study of the foreign trade policy. Recent debates on globalization, technological change, international competitiveness and governability precede the particular study of the different global and regional trade agreements that have given rise to the integration between developed and third world countries. This course consists of the following three subjects: 1. Basic economic concepts. 2. The OMC system and the FTA 3. The monetary variables of foreign trade.