306f11_Chapter1

306f11_Chapter1 - Intro to international economics Recent...

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Intro to international economics
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Recent global economic developments: outsourcing, international labour mobility, economic integration n Outsourcing (offshoring) – a new form of  international trade Reduces costs of production (labour cost) Which kinds of jobs are affected? Which countries are affected?  n The case of India – advantages What is the extent of outsourcing?  Government economic policy in cases of  outsourcing? 
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n International trade, working conditions in  developing countries  and child labour Does international trade help improve working  condition in LDCs?  Does international trade contribute to an  increase in child labour?  Should we boycott imports from  countries/companies that allow child labour How can we resolve the problem?
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n The European Union The euro – a supranational currency n Advantages of a common currency n Disadvantages? 
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306f11_Chapter1 - Intro to international economics Recent...

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