InternationalTradeLectureInstructor:XinInternationalTradeLectureInstructor:XinCenterforNewStructuralEconomics,PekingFallBasiccourseInstructor:XinWangBasiccourseInstructor:XinWang王歆Time:Monday&Tuesday17:40-Location:Monday(ScienceBuilding303)Tuesday(302)Officehours:Tuesday15:30-16:30orbyappointmentOfficelocation:ScienceBuildingNo.5理科5號樓Room619Email:xin.wang@TA:RunGe(葛潤TA’semail:IBasiccourseinformationCourseISlides:willbepostedonBasiccourseinformationCourseISlides:willbepostedonthecourseTxk: 余淼杰，《國際貿易學：理論、政策與實證》，北大出版社，37月IIOtherIKrugman,Paul,MauriceObstfeldandMarcJ.Melitz,InternationalEconomics:TheoryandPolicy,10thedition,2015,PrenticeHall.·克魯格曼，茅瑞斯·奧伯斯法爾德，馬克·梅里茲，《國RobertetaandAlanTaylor,InternationalEconoics,WorthPublisher,羅伯特·芬斯特拉，艾倫·泰勒，《國際貿易》，張友仁等譯者，人民大學出版社Journalsandnewspapers：TheWallStreetJournal,TheNewYorkTimes,TheFinancialTimes,andTheEconomist...IIIIIBasiccourseinformationI4homework:BasiccourseinformationI4homework:10%,dueinmidterm:30%,November14finalexam:50%,DecemberIBasiccourseinformationEssay:ChooseacountryandBasiccourseinformationEssay:ChooseacountryandanswerwithIWhatarethemajorimportandexportcommodities?InwhichindustriesdoyouobservealotofFDI?Whichcountriesareitsmajortradingpartners?WhichWheredoesyourcountrydoitsFDI?Whataregoodexplanationsforthesetradepatterns(factorendowments,technology,etc)?AndwhatexplainstheFDIHasanyofyouconclusionschangedoverthelast10years?Andwhy?Hasthecountryattemptedrecentlytoloweritsbarrierstotradeandinvestment?Whataretheimpacts?IIIIIWhatisinternationalInternationaleconomicsstudiesthepatternsandconsequencesoftransactionsandinteractionsWhatisinternationalInternationaleconomicsstudiesthepatternsandconsequencesoftransactionsandinteractionsbetweentheinhabitantsofdifferentcountries,includingtrade,investmentandmigration.Internationalfinance(Internationalmacroeconomics)InternationalpoliticaleconomyInternationalIdeterminantsandbenifitsoftradeIIDifferencebetweeninternationaltradeanddomesticDifferencebetweeninternationaltradeanddomesticIbordereffectsITradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailyTradeindailySometradeAutarky:astateofeconomicSometradeAutarky:astateofeconomicFreetrade:astatewithnoregulationsthatimpedeorencouragethefreevoluntaryexchangeofgoodsbetweenTradeliberalization:amovementintradepolicyawayfromautarkyandinthedirectionoffreetradeProtectionism:amovementintradepolicyawayfromfreetradeandinthedirectionofautarkyTradeIIIIItradedeficit:IIWorldtradeDatasource:FTWorldtradeDatasource:FTChineseWorldtradeDatasource:FTWorldtradeDatasource:FTChineseWorldtradeDatasource:FTWorldtradeDatasource:FTChineseWorldtradeTable:ExportsshareofGDPCountryWorldtradeTable:ExportsshareofGDPCountryUnitedStatesDatasource:WorldDevelopmentIndicators,WorldWorldtradePercentagechange(%)Percentagechange(%)WorldtradePercentagechange(%)Percentagechange(%)77-18-----62-40182363-1-2-460312----3-------------24--5-4742370712------0-01-2-----43------------Datasource:IMFWhotradeswithTable:ExportsharebyYear DevelopedTransitionWhotradeswithTable:ExportsharebyYear DevelopedTransitionDevelopedOriginTransitionDevelopingDatasource:UNCTADHandbookofWhotradeswithWhotradeswithWhotradeswithWhotradeswithChinatradeswithTopfiveexportsChinatradeswithTopfiveexportsdestinationsin2015:UnitedStates,China,R.R.:HonKong,Japan,Korea,GermanyTopfiveimportssourcesin2015:Korea,Republicof,Japan,UnitedStates,TaiwanProvinceofChina,GermanyThelargest10exportsdestinationswithChinaaccountedfor73.96%ofthetotalvalueofChina’sexportsin2015IIIChinatradeswithChinatradeswithChinatradeswithChinatradeswithUStradeswithUStradeswithUStradeswithUStradeswithCompositionofworldWhatkindsofproductsCompositionofworldWhatkindsofproductsdonationscurrentlytrade,andhowdoesthiscompositioncomparetotradeinthepast?Today,mostofthevolumeoftradeisinmanufacturedproductssuchasautomobiles,computers,clothingandIIServicessuchasshipping,insurance,legalfeesandspendingbytouristsaccountfor20%ofthevolumeoftrade.Mineralproducts(e.g.,petroleum,coal,copper)andagriculturalproductsarearelativelysmallpartoftrade.IICompositionofworldTable:CompositionofServicevalue(Millions$)Merchandisevalue(Millions$)ShareCompositionofworldTable:CompositionofServicevalue(Millions$)Merchandisevalue(Millions$)ShareofDatasource:UNCTADHandbookofCompositionofAllAgr.sto