This part of the lecture focus on international trade and the finance market. Some basic terminology and important aspects of international trade will be addressed.

1. Describe the benefits of international trade.

2. Explain various types of trade restrictions.

3. Recognize the three basic types of exchange rate.

4. Understand the components in the balance of payment accounts.

Please read all the lectures by clicking on the following topics.

INTERNATIONAL TRADE

TRADE RESTRICTIONS

EXCHANGE RATE

THE BALANCE OF PAYMENTS

 LECTURE ONE / LECTURE TWO / LECTURE THREE / LECTURE FOUR / LECTURE FIVE