Introduction
The module looks at the various Preferential Trade Agreement types and other trade instruments used to increase or curb trade. Participants will learn to assess the economic and social values of different trade policies as well as the main trade theories to help explain phenomena like price discrimination, factor price equalization, etc.

Learning Outcomes  
Upon the successful completion of the module, students will be able to:

• Identify forces that enforce exchange of goods and services
• Graph international trade exchanges and point of equilibrium in a classical model
• Calculate the dead weight loss of a tariff and non-tariff measure
• Learn about price discrimination policies of firms operating in the international marketplace