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Regent's College

The Politics of International Trade

INB453  

CodeINB453
SchoolEBSL
Module Level4
Module CodeINB453
Available SummerN
Semester1
Credits15
ECTS Credits6.5
Contact Hours33
Course AimsMost EBS-L MA graduates will be employed in an international environment as soon as they leave the school, and will be asked to participate proactively in international operations. The common preconception of business students is that everyone they encounter during their business careers is on board for the current avatar of neo-liberal globalisation, but this is a fallacious supposition that obfuscates the existence of real hurdles that savvy professionals know how to overcome.This module gives students an opportunity to assess a whole range of attitudes towards international trade and its main representative institutions (WTO, EU, etc.) - including their own. By enhancing their general culture and self-awareness, it will enhance their understanding of the various receptions they are likely to encounter as international business persons.

In addition, the module provides concrete input on the mechanics of cross-border transactions. It focuses specifically on trade/FDI-related operations rather than macro-economic policy, which is the crux of INB 452 International Business Economics.
Learning OutcomesA1, A2, A3, B1, B4, C5, D4, D5
PresentationThe teaching/learning strategy for this module has been designed to ensure that learners acquire the above programme level learning outcomes. To this end, the teaching and learning methods include:
  • Lectures: reviewing and introducing concepts, refereed articles, themes, arguments and operational techniques;
  • Workshops: providing a forum for consolidation, extension work and self-exploration;
  • Student presentations: providing the learners with the opportunity to research and present a particular topic within the module;
  • Exposure to extra-classroom inputs: offering the opportunity to apply theories studied in-class to real-life situations;
Reading RecommendedRobert Feenstra, Advanced International Trade: Theory and Evidence , Princeton University Press, 2004

D. Yergin & J. Stanislaw, The Commanding Heights, Touchstone, 2002

Douglas Irwin, Against the Tide: An Intellectual History of Free Trade, Princeton University Press, 1996

Giorgio Barba Navaretti, Anthony Venables et al, Multinational Firms in the World Economy, Princeton University Press, 2003

Paul Krugman. Pop Internationalism, MIT Press, 1996

Paul Krugman, Rethinking International Trade, MIT Press, 1994

Bernard Hoekman, Michel Kostecki, The Political Economy of the World Trading System: WTO and Beyond, OUP, 2001

Amrita Narlikar, The WTO: A Very Short Introduction, OUP, 2005

F. Jawara & A. Kwa, Behind the Scenes at the WTO, Zed Books, 2004

John Odell, Negotiating Trade: Developing Countries in the WTO and NAFTA, Cornell University Press, 2000

Amrita Narlikar, International Trade and Developing Countries: Coalitions in GATT and WTO , Routledge, 2003

Dilip K. Das, Regionalism in Global Trade, Elgar, 2004

Jagdish Bhagwati, WTO and Regional Trade Agreements, Asser Press, 2002

Graham Dunkley: Free Trade: Myths, Reality and Alternative, Zed Books, 2004

Naomi Klein, No Logo, HarperCollins, 2004

Noreena Hertz, The Silent Takeover , William Heinemann, 2002

Joseph Stiglitz, Globalization and its Discontents, Penguin, 2003

Joseph Stiglitz, Making Globalisation Work, Allen Lane, 2006

Martin Wolf, Why Globalisation Works, Yale, 2004

Johan Norberg, In Defence of Global Capitalism, Timbro AB, 2002

Jagdish Bhagwati, In Defense of Globalization, OUP, 2004

Alan Shipman, The Globalization Myth, Faber and Faber, 2004

Douglas Irwin, Free Trade Under Fire, Princeton University Press, 2003

David Held, Debating Globalization, Polity 2005

Pietra Rivoli, The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power and Politics of World Trade, John Wiley & Sons, 2005

Greg Palast, The Best Democracy Money Can Buy, Robinson, London, 2003

Reading RequiredBrian Hocking & Stephen McGuire Trade Politics, Routledge (2nd edition), 2004

Dominic Kelly & Wyn Grant, The Politics of International Trade in the 21st century: Actors, Issues, and Regional Dynamics, Palgrave Macmillan, 2005, ISBN 1403904839
Asseseement MethodsIn-class oral presentation
Individual essay
Classroom activities
"Debate Preparation"