This seminar provides a primer in the causes and consequences of international trade. It discusses current trade patterns and explains these utilizing models of trade theory and international economics. Furthermore, the seminar deals with trade imbalances and capital flows. It also briefly covers actual developments in trade policy as well as the role of nation-state politics in a globalized world.Content1. Globalization - Trends and Facts of Trade
2. Microeconomic Foundations
3. Why Do Countries Trade?
4. Trade, Capital Mobility and Exchange Rates
5. Economic Policy in a Globalized World