Readings and Course Outline AGEC 4343/5343 International Ag Trade Dr. Shida Henneberry Readings

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1 Readings and Course Outline AGEC 4343/5343 International Ag Trade Dr. Shida Henneberry Readings There are no required textbooks for this course. I have posted the required readings on D2L (Contents), or provided the links on this document (pages 2-4). Book Chapters: 1. (DA) - Appleyard, Dennis R.; Alfred J. Field, Jr.; and Steven L. Cobb. International Economics, New York: McGraw-Hill Irwin, ISBN-13: ; ISBN-10: Chapter 14. The Impact of Trade Policies, pp (RF)- Feenstra, Robert C. and Alan M. Taylor. International Trade. New York: Worth Publishers, ISBN -13: ; ISBN-10: X. Chapter 2: Trade and Technology: the Richardian Model, pp Chapter 4: Trade and Resources: The Heckscher-Ohlin Model, p , pp Chapter 11: International Agreements: Trade, Labor, and the Environment, pp (SH)- Henneberry, Shida and David Henneberry. International Trade Policies. In Luther Tweeten (Ed.), Agricultural Policy Analysis Tools for Economic Development, Boulder: Westview Press, 1989, pp ISBN (U.S.) Chapter 12. International Trade Policies, pp (PK)- Krugman, Paul R. and Maurice Obstfeld. International Economics: Theory and Policy, Addison-Wesley, ISBN -13: ; ISBN-10: Chapter 3: Labor Productivity and Comparative Advantage: The Ricardian Model, pp Chapter 9: The Political Economy of Trade Policy: p (TP) - Pugel, Thomas A. International Economics. New York: McGraw-Hill Irwin, ISBN-13: ; ISBN-10: X. Chapter Four: Trade: Factor Availability and Factor Proportions are Key, pp Chapter Five: Who Gains and Who Loses from Trade? pp Page 1 of 5

2 6. (RN)- Norton, Roger D. Agricultural Development Policy: Concepts and Experiences, W. Sussex, England: John Wiley & Sons, Ltd, ISBN: Chapter 4: Policies that Influence Producer Incentives, pp (KK)- Koo, Won W. and P. Lynn Kennedy. International Trade and Agriculture, Malden, MA: Blackwell Publishing, ISBN: , Copyright year: geographic) National geographic ( ) 9. For Background Material on Microeconomics, see: a. (Ferguson) Ferguson, C. E. and J. P. Gould. Microeconomic Theory, Homewood, Illinois: Richard D. Irwin, INC., ISBN: Chapters 1, 2, & 3. b. (Maurice) Maurice, S. Charles; Owen R. Phillips; and C. E. Ferguson. Economic Analysis, Homewood, Illinois: Richard D. Irwin, INC., ISBN: Chapter 2 Page 2 of 5

3 Course Outline I. Introduction a. Course description, grading structure, current issue paper requirement, exam format b. Globalization and the benefits of trade "Globalization and the Benefits of Trade" by Robert L. Thompson, Gardner Chair in Agricultural Policy, University of Illinois at Urbana-Champaign. CHICAGO FED LETTER - March 2007 (Number 236) ESSAYS ON ISSUES. ch2007_236.pdf The Dismal Science Free Trade and Globalization II. III. Overview of the following concepts a. Production Possibility Frontier b. Opportunity Cost c. Indifference Curves d. Equilibrium e. Cause and Effect Variables Globalization and Benefits of Trade a. Chicago Fed Letter b. The Dismal Science/Tedtalks IV. Unit A: Why Everybody Trades: Comparative and Competitive Advantage PK, Chapter 3 RF, Chapters 2 KK, Chapter 2 TP, Chapters 4 V. Unit B: The Heckscher-Ohlin Theory RF, Chapter 4 TP, Chapters 4 & 5 VII. VI. Unit C: Who Gains from Trade TP, Chapter 5 The Partial Equilibrium Analysis of International Trade and Policies KK, Ch 6 SH, Ch 12 Page 3 of 5

4 VIII. Unit D: International Trade Policies: a Welfare Impact Analysis SH, Chapter 12 DA, Chapter 14 a. Arguments for Interventionist Trade Policies b. Tariffs c. Quotas d. Trade Subsidies e. Other non-tariff trade barriers f. Food Labeling Issues as a Barrier to Trade Golan, E., F. Kucchler and L. Mitchell. Economic of Food Labeling. Washington DC: U.S. Department of Agriculture, ERS Agriculture Economic Report No December Henneberry, Shida R. and Walter Armbruster. "Emerging Roles for Food Labels: Inform, Protect, Persuade", Journal of Food Distribution Research, Volume XXXIV, Number 3, November 2003, pp g. The Tuna-Dolphin Controversy IX. Unit E: Domestic Support Policies and Trade X. The Global Food Crisis: The End of Plenty. VIII. Emerging Markets IX. Unit F: International Trade Agreements X. The World Trade Organization (WTO): Gainers and Losers RF, Chapter XI. XII. Economic Integration (NAFTA, FTAA): Gainers and Losers Unit H: Macroeconomic Policies/Variables and their Impact on International Trade and Development. a. International Development: RN, Chapter 4. b. The Political Economy of Trade Policies: PK, Chapter 9. Page 4 of 5

5 Preferred Reading Additional Readings: Additional recommended readings (for those of you who are interested) will be posted posted on electronic OSU library reserve website. You may access the OSU library reserve website by going to: ++Shida&departmentId=0&courseId=0&sectionId=0&recCount=50&searchType=5&page.search.search. button=search Or, Or, You should get there from the Library main webpage ( by selecting Search Course Reserves under the Course Reserves section. Make the appropriate selections for your course(s). If it asks you for a username and password, use the following: Username: agec4343 Password: Henneberry Page 5 of 5