Under this field of study we explore the following questions:
- Which factors determine trade between countries?
- What are the benefits of international trade and what factors determine the extent of these benefits?
- What is the relationship between trade and welfare?
- Who stands to gain and who stands to lose from freer movement of capital and labour across borders?
- Why do some companies move their head offices abroad while others remain in their home country?
- If a trading partner experiences economic growth, is this something we should be concerned about?
- What attracts foreign capital?
- What is the purpose of the WTO and what affects do trade regimes have on nations?