IR368      Half Unit
The Political Economy of Trade

This information is for the 2024/25 session.

Teacher responsible

Dr Boram Lee CBG.8.09

Availability

This course is available on the BSc in International Relations, BSc in International Relations and Chinese, BSc in International Relations and History and BSc in Politics and International Relations. This course is not available as an outside option. This course is available with permission to General Course students.

This course has a limited number of places (it is capped).

Pre-requisites

Some background knowledge of international political economy, such as that provided in IR206 International Political Economy, will be useful to students taking this course.

Course content

This course examines how politics shape policies and institutions that govern international trade. The course is divided into three modules: i) introduction, ii) theories, and iii) topics in international trade. After the introductory week, the course surveys classical readings that provide different approaches to international trade. During the theory module, students will investigate how geopolitics, interest groups, institutions, and ideas shape international trade. 

Students will compare different arguments and evidence provided by scholars of these traditions and build foundations to apply these perspectives to analysing new topics in international trade. Once the theory module is complete, students will apply these theoretical approaches to new topics in international trade. This module focuses on a variety of topics: trade and climate, trade as a human rights strategy, the World Trade Organization, US-China trade war, populism & trade-related welfare policies, intellectual property rights, and negotiations of bilateral & plurilateral trade deals. Students will examine competing IR and political science theories that explain trade policy outcomes and use those theories in analysing important topics on trade. Most of the required readings are by IR scholars and political scientists who are grappling with international trade policies from political science/IR perspectives. They are recently published journal articles, book chapters, and case studies.

Teaching

10 hours of lectures and 10 hours of classes in the WT.

Students on this course will have a reading week in Week 6, in line with departmental policy.

Formative coursework

Students will produce a formative essay of 1500 words on the WT.

Indicative reading

Davis, Christina L. Food fights over free trade: how international institutions promote agricultural trade liberalization. Princeton University Press, 2011. 

Gowa, Joanne. Allies, adversaries, and international trade. Princeton University Press, 1995. 

Woll, Cornelia. Firm interests: How governments shape business lobbying on global trade. Cornell University Press, 2008. 

Steinberg, Richard H. "In the shadow of law or power? Consensus-based bargaining and outcomes in the GATT/WTO." International organization 56.2 (2002): 339-374.

Mutz, Diana C. Winners and losers: The psychology of foreign trade. Vol. 36. Princeton University Press, 2021

Assessment

Take-home assessment (100%) in the ST.

Key facts

Department: International Relations

Total students 2023/24: 24

Average class size 2023/24: 8

Capped 2023/24: No

Value: Half Unit

Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Commercial awareness
  • Specialist skills