Page 83 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx

Macroeconomics II – The international economy

Introduction

 Why should we trade with other countries? Do we need to protect domestic
industries? If so, how? What types of trade arrangements exist?

 How should we understand and manage the balance of payments?

 How will globalisation affect businesses and consumers?

 What is the role of different organisations in global trade?

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