B14. Trade, Wealth of Nations, and America First

This course is a review of international trade and the development of trade theory and policy.  International trade began with the Silk Road and Marco Polo, and developed into imperial and colonial competition and control.  The end of WWII brought a new trade policy of free and open markets leading to the World Trade Organization (WTO) and the current world trading system.  Trade policy seems to be changing once again with America First and the inability to move forward with new trade agreements.  We will conclude with a look at the future of trade policy. 

GROUP LEADER:  M. E. (Pete) Murphy retired from teaching Management in the Business Studies Department at Assumption College.  He came to Assumption after a long career in the international energy industry managing a variety of business and technical organizations.  He continues to consult in the areas of energy and venture capital.