What Are the Different International Trade Theories?

International trade theory attempts to explain why there is international trade and how it should be treated as a country. The development of international trade theory has roughly gone through four major stages: classical, neoclassical, new trade theory, and emerging classical international trade theory.

International trade theory

Classical international trade theory was born in the middle of the 18th century. It was developed on the basis of critical mercantilism, mainly including

From the end of the 19th century to the beginning of the 20th century,

After World War II, a series of new changes occurred in the product structure and geographic structure of international trade.

The volume of trade between similar products and between developed industrial countries has greatly increased, the leading position of the industry has continued to shift, and the internalization and

The changes in contemporary international trade are mainly manifested in the rapid growth of intra-industry trade and trade between developed countries. The so-called intra-industiry trade is a concept opposite to the inter-industry trade explained by traditional international trade theory, which refers to the trade between products in the same industry, that is, a country Both import and export the same product.

The emergence of these phenomena has challenged traditional international trade theory. A portion of trade, which accounts for a significant proportion of world trade, does not occur because of differences in comparative costs or differences in resource endowments. In order to explain these new phenomena of international trade, a large number of economists represented by Krugman, Raymond Vernon, etc. have proposed various new theories. These theories are both different and related to traditional international trade theory. We call these doctrines

Western International Trade Theory: History and Development

^[1]

Professional Overview of International Trade Theory

^{[2] The} major of international economics and trade belongs to the category of economics, mainly based on economics theories, including microeconomics, macroeconomics, international economics, econometrics, an introduction to world economics, and political economics. But before learning these economics, you must master the corresponding basic knowledge, such as courses in principles of accounting, statistics, finance, currency and banking, economic law, international commercial law, securities investment, financial management, and management principles. After studying the above courses, you will be exposed to the core knowledge of international trade, which is the professional knowledge of all aspects of international trade, namely: international trade theory, international finance, international trade settlement, foreign trade English correspondence, foreign trade spoken language, foreign trade writing , Foreign trade negotiation skills, international economic cooperation, multinational corporation theory and practice, etc. Of course, the most important course is-international trade practice, also known as import and export trade practice, or foreign trade practice.

Since the major of international economics and trade is economics, it is naturally inseparable from the study of mathematics. Calculus, linear algebra, probability theory, and mathematical statistics are essential. Studying econometrics, international economics, statistics Other disciplines must have a solid mathematical foundation. Engaged in international trade, English should be quite good, not only written English, such as foreign trade English correspondence, spoken English is also very important.

After studying all the above, you also need to learn, for example, engineering knowledge, that is, industry knowledge, as a supplement to professional knowledge, to facilitate future job entry. Although each industry has its own professional knowledge, after mastering the knowledge of international trade theory, it is easier to learn industry knowledge, and it is easier to engage in full-time work.

In summary, if you want to achieve good results and long-term development in the field of international trade, you must learn English and economics, and understand the corresponding laws and regulations at home and abroad.

Training objectives of international trade theory

Students trained in this major should have a systematic grasp of the basic principles of Marxist economics and the basic theories of international economy and international trade, the basic knowledge and basic skills of international trade, the development status of contemporary international economic and trade, and familiar international trade. The rules and practices, as well as China's foreign trade policies and regulations, understand the socio-economic conditions of major countries and regions, and are senior professionals who can engage in practical business, management, research and publicity and planning work in foreign-related economic and trade departments, foreign-funded enterprises and government agencies.

Professional code: A020109; Professional name: International Trade (Specialty) * [2]
Note: "Standard No." was used before 2002
Serial number	Type number	course code	Standard	Course Title	credit	Types of	Examinations	Directions or notes
1	001	03706		Ideological and moral cultivation and legal basis	2	Compulsory	written examination
2	002	03707		Introduction to Mao Zedong Thought, Deng Xiaoping Theory and the Important Thought of the "Three Represents"	4	Compulsory	written examination
3	003	04729		College Chinese	4	Compulsory	written examination
4	004	00020	3007	Advanced Mathematics (1)	6	Compulsory	written examination
5	005	00009	3005	Political Economy (Finance)	6	Compulsory	written examination
6	006	00088	3025	basic English	12	Compulsory	written examination
7	007	00094	3842	Foreign trade correspondence	4	Compulsory	written examination
8	008	00092	3384	China's foreign trade	4	Compulsory	written examination
9	009	00089	3027	international trade	4	Compulsory	written examination
10	010	00090	3028	Practice of International Trade (1)	6	Compulsory	written examination
11	011	00076	3062	International finance	6	Compulsory	written examination
12	012	00041	3069	fundamental accounting	5	Compulsory	written examination
13	013	00058	3032	Marketing	5	Compulsory	written examination
14	014	00091	3385	International Business Law	4	Compulsory	written examination
15	015	00018	3015	Computer application foundation	2	Compulsory	written examination
16	015	00019	3016	Computer application foundation	2	Compulsory	Practical assessment
17	231	05679		Constitution	4	Gakao	written examination

Related instructions
Exam way	Society-oriented and independent classes
Sign up	Online registration
Application scope	Province and Hong Kong and Macau
Curriculum	15 compulsory courses with a total of 76 credits; 0 elective courses with a total of 0 credits; 1 additional course with a total of 4 credits;
Remark	According to the document No. 8 of the Guangdong Provincial Examinations Commission [2006] "Retransmission of the National Examination Office's Notice on Adjusting the Curriculum of Higher Education Self-study Examination" University Chinese "Curriculum", the major began to adjust the examination plan from April 2007

Professional code: B020110; Professional name: International Trade (Independent Undergraduate Section) *
Note: "Standard No." was used before 2002
Serial number	Type number	course code	Standard	Course Title	credit	Types of	Examinations	Directions or notes
1	001	03709		Introduction to the Basic Principles of Marxism	4	Compulsory	written examination
2	002	05844		International Business English	6	Compulsory	written examination
3	003	04183		Probability and Mathematical Statistics (Business Management)	5	Compulsory	written examination
4	004	04184		Linear Algebra (Management)	4	Compulsory	written examination
5	005	00097	3479	Business English Writing	8	Compulsory	written examination
6	006	00096	3298	Selected Readings of Foreign Trade and Economic Knowledge	6	Compulsory	written examination
7	007	00099	3820	Foreign Economic Law	4	Compulsory	written examination
8	008	00055	3073	Business accounting	6	Compulsory	written examination
9	009	00045	3534	Business Economic Statistics	6	Compulsory	written examination
10	010	00100		International Transport and Insurance	6	Compulsory	written examination
11	011	00051		Computer applications in management systems	3	Compulsory	written examination
12	011	00052		Computer applications in management systems	1	Compulsory	Practical assessment
13	012	00098	3473	International Marketing	5	Compulsory	written examination
14	013	00101		Foreign economic and trade operation and management	4	Compulsory	written examination
15	014	00102	3293	World market quotes	4	Compulsory	written examination
16	015	06999		Graduation thesis	Credits not counted	Compulsory	Practical assessment
17	201	00009	3005	Political Economy (Finance)	6	Gakao	written examination
18	202	00089	3027	international trade	4	Gakao	written examination
19	203	00090	3028	Practice of International Trade (1)	6	Gakao	written examination
20	204	00076	3062	International finance	6	Gakao	written examination
twenty one	205	00091	3385	International Business Law	4	Gakao	written examination
twenty two	231	00024	3021	Ordinary logic	4	Gakao	written examination

Related instructions
Exam way	Society-oriented and independent classes
Sign up	Online registration
Application scope	Province and Hong Kong and Macau
Curriculum	15 compulsory courses with a total of 72 credits; 0 elective courses with a total of 0 credits; 6 additional courses with a total of 30 credits;
Remark	According to the Guangdong Provincial Examination Board document [2006] No. 17 "Retransmission of the National Examination Office's Notice on Adjusting the Curriculum of Higher Mathematics" for Higher Education Self-study Examination, the major began to adjust the examination plan in April 2007.