Objectives
The prime objective of this course, which is being held for the eleventh time, is to enhance participants’ knowledge and understanding of the issues related to international trade and trade policy, and affording them the prerequisite skills for entry into the trade policy debate. Although this course is a starting place for trade policy officials in relevant government ministries with little background on the multilateral trading system and regional trade regimes, the course plays a useful role in building the capacity of journalists to enable them effectively report on international trade issues.
Course Description
Since 2003 when we organised the first course on trade policy, we have remained committed to helping developing countries build the necessary long-term capacity to be active members of the WTO and regional trade families. Each country has to be prepared to articulate and defend their interests and legitimate expectations; and they can do so only when their trade policy officials are knowledgeable about multilateral trade agreements and well versed in trade policy matters. Such is the purpose of this “Introduction to Trade and Trade Policy” course structured into ten sessions.
Session one: The course begins with the theories which explain the occurrence of trade e.g. Neoclassical theory (based on principle of comparative advantage: Ricardian, and Hecksher Ohlin model), and the New Trade Theory – of monopolistic completion due to Paul Krugman, etc highlighting factors that give rise to trade. The second part of theories looks at the role of trade in economic development using the different theoretical arguments and perspectives for participants’ appreciation and benefit.
Session two: The second session reviews the commitments under international trade entered into by (sample of) counties – to facilitate participants’ understanding of the various forms of trade agreements.
Session three: Participants will enhance their skills in designing trade policy instruments for achieving desired trade and development outcomes.
Session four: This session introduces participants to generic framework for trade classification.
Session five: This session introduces the key techniques for trade policy analysis – from tariffs to non-tariff measures.
Session six: The rationale for regional integration is introduced using examples in Africa, Caribbean, the Pacific, Asia and the Middle East
Session seven: Participants is provided with a solid basic knowledge of the multilateral trading system, the trade policy development in the history of the multilateral trading system, and the WTO agreements, and in the context of negotiations.
Session eight: This session delves in Commercial Diplomacy and the art of negotiation.
Session nine: Session nine analyses the importance of trade facilitation; and explore Customs systems and procedures as Trade facilitation point.
Session ten: Participants learn how to incorporate trade in national plans, and local authority development plans.
Audience:
Targeted audience is policymakers/senior government officials, trade researchers, people working for international organisations, NGOs and representatives of the private sector who want to strengthen their understanding of the multilateral trading system and regional aspect of international trade.
Prerequisite:
Internet connection is required as the multimedia lecture and assessment test are run entirely from the course website.
Grading and certificate
A certificate will be issued to participants upon their completion of the multimedia lecture and course evaluation, as well as their success in the assessment test at the end of the course.
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