A) An introduction to International Trade
        Trade
        Typesof Trade

B) International Trade
        Meaningof International Trade
        Reasonsfor International Trade
        Theoriesof International Trade
                1.Absolute Advantage
                2.Comparative Advantage

C) Protectionism
        FreeTrade
        Protectionism
        Reasonsfor Protectionism
        Methodsof Protectionism
                1.Traditional Barriers to Trade
                    a) Tariff (Meaning, Types, Reasons,Economic Effects)
                     b) Quota (Meaning, Economic Effects)
                    c) Exchange Control / Currency Restrictions
                    d) Production Subsidies (Meaning, Types,Effects)
                    e) Embargoes
                2.Modern Barriers to Trade

D) Trade Blocs
       Meaning of Trade Blocs
       Advantages of forming a Trade Bloc
       Effects on an economyof being outside a trade bloc
        Typesof Trade Blocs
1.     Free Trade Areas
2.     Customs Unions
3.     Common Markets
4.     Economic Unions

E) International Organizations
·         European Union (EU)
               Meaning and Objectives
               Advantages and Disadvantages of EU Membership       
·         General Agreement on Tariff and Trade(GATT)
·         World Trade Organization (WTO)