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Trade Policy and Producers Support

2021/2022
Учебный год
ENG
Обучение ведется на английском языке
4
Кредиты
Статус:
Курс по выбору
Когда читается:
2-й курс, 1, 2 модуль

Course Syllabus

Abstract

The aim of the course is to provide students with a knowledge and understanding of the main trends of the interaction between government and business in the domestic producers’ support. The teaching of this discipline should be preceded by the study of general disciplines: "Macroeconomics", "World Economy", "International Economic Relations", "Instruments for regulating foreign economic relations".
Learning Objectives

Learning Objectives

  • To familiarize students with the main categories, concepts and principles of using tools for supporting exporters at the level of an individual state, as well as at a supranational, international (multilateral) level.
  • To familiarize students with the main approaches to the development and implementation of trade policy and main domestic producers’ interests promotion tools.
  • To analyze main instruments areas of government and business interaction.
  • To study the modern system of multilateral agreements and commitments in the application of measures of state incentives for domestic producers’ support.
Expected Learning Outcomes

Expected Learning Outcomes

  • To describe the role of government in the competitive advantage creation and development.
  • To describe the sectoral distribution of subsidies and the relative importance of different instruments of subsidization.
  • To examine subsidies as a pervasive feature of agricultural policy in both high and low income countries.
  • To explain the role of foreign missions in export support and domestic producers’ promotion.
  • To explain the specific features of the industrial subsidies.
  • To explain the theoretical approach to government and business interaction
  • To formulate Porters’ Diamond and the competitive advantages of nations.
  • To measure the value and the impact of the non-financial support.
  • To name regional trade agreements and to explain their role in expanding trade.
  • To name the export subsidies and their use in developed countries in the past
  • To present the task on the domestic producers’ support system in the country of choice.
  • To review export subsidies as core issue of the World Trade Organization (WTO) negotiations on export competition.
  • To review the key targets in the United Nations Sustainable Development Goals launched in 2015.
  • To review the trade policy and government and business interaction.
  • To review trade disputes on financial measures of support.
  • To review WTO rules that allow to counter and retaliate the subsidizing.
  • To to use quantitative analysis tools.
  • To use the methods of real business protection in practical situations.
Course Contents

Course Contents

  • The interaction of government and business in the field of trade policy
  • Theory and quantitative tools of the state support assessment
  • Industrial subsidies and their regulation in the multilateral rules
  • Agricultural subsidies and their specific regulation
  • Export support measures: state commitments and rules
  • Non-financial export support measures
  • The role of foreign missions in export support and domestic producers’ promotion
  • Countering Discriminatory Trade Restrictions. Other measures of domestic producers’ support
  • Students’ presentations on the domestic producers’ support system in the country of choice.
Assessment Elements

Assessment Elements

  • non-blocking Attendance
  • non-blocking Class discussions
  • non-blocking Home assignment reports
  • non-blocking Final test
  • non-blocking Attendance
  • non-blocking Class discussions
  • non-blocking Home assignment reports
  • non-blocking Final test
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.1 * Attendance + 0.3 * Final test + 0.3 * Home assignment reports + 0.3 * Class discussions
Bibliography

Bibliography

Recommended Core Bibliography

  • Gnangnon, S. K. (2019). Trade Policy Space, Economic Growth, and Transitional Convergence in terms of Economic Development. Journal of Economic Integration, (1), 1. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.ris.integr.0762

Recommended Additional Bibliography

  • Low, P., & Capling, A. (2010). Governments, Non-State Actors and Trade Policy-Making : Negotiating Preferentially or Multilaterally? Cambridge University Press.