In recent years the world economy has been undergoing profound changes.
Domestic trade has become global trade, where the entire world is a global market.
In this unit you will learn about the nature and background of International Trade.

This will be achieved by:
- Learning about liberalisation and the origins of the WTO.
- Learning about globalisation and the positive and negative effects of globalisation.
- Exploring the various World Economic Agreements and their relevance to the different regions throughout the world.
- Reviewing the various World Organisations and their influence on International Trade.
- Exploring the history of International Trade.

Completing this course will confer 2 CPD Credits towards internationally recognised Continuous Professional Development Requirements within organisations operating this kind of staff development methodology.

Course Outline

1. INTRODUCTION

1.1 Liberalization

1.2 Introduction of GATT

1.3 World Trade Organization (WTO)

1.4 Positive and Negative Effects of Globalization

1.5 International Trade Theories

1.6 Countertrade

2. WORLD ECONOMIC AGREEMENTS

2.1 Regional Trade Agreements

2.2 Trade Agreements in Europe

2.3 Trade Agreements in the Americas

2.4 Trade Agreements in Africa

2.5 Trade Agreements in Asia

3. SOME WORLD ORGANISATIONS

3.1 Review of Some World Organizations - OECD

3.2 Review of Some World Organizations - EBRD

3.3 Review of Some World Organizations IADB

3.4 Review of Some World Organizations - ADB

3.5 Review of Some World Organizations - AfDB

3.6 Review of Some World Organizations – IMF

3.7 Review of Some World Organizations - WIPO

3.8 Review of Some World Organizations - UN

3.9 Review of Some World Organizations - UNCTAD

Further Reading

1 – A paper on the Theory of International Trade

2 – Introduction to Globalization and International Trade

3 – Introduction to Comparative Advantage

4 – Advantages and Disadvantages of Countertrade

5 – Liberalization of International Trade and Economic Growth : Implications for both Developed and Developing Countries.

Forum Assignment