Prerequisites:ECON 111 Requirement Fulfillment:Fulfills a course requirement in the economics core Concentration This course considers international trade in theory and in practice. Issues addressed include why nations trade; trade and the welfare of workers in developed and developing nations; the use of tariffs, quotas and other instruments of protection; NAFTA, WTO and economics integration; and the costs and benefits of international migration. The special trade-related problems of developing countries and the history of the international trading system are also discussed.