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 == Week 42 - Presentation ==
+== Home exam ==
+#) Explain why neighboring countries tend to trade extensively with each other.
+#) Compare Ricardo’s comparative advantage theory and Heckscher-Ohlin endowment model as explanations for international trade.
+#) Vernon’s product life cycle theory explaining exports.
+#) External economies of scale explaining intraindustry trade.
+#) What are the welfare effects of tariffs?
+#) What are various forms of trade barriers?
+#) Arguments for protection.
+#) Compare predatory dumping and international price discrimination.
+#) Preferential trade arrangements.
+#) Why there is foreign-exchange risk?
+#) How is private saving related to the current account?
+#) Compare spot rates, forward rates and swaps.
+#) Explain how a call (foreign-currency) option is useful in international trade.
+#) Explain how a put (foreign-currency) option is useful in international trade.
+#) Purchasing power parity and interest parity explaining exchange forward exchange rates.
+#) What are the three concepts of exchange rate exposure?
+#) What are the causes of currency crises?
+#) What is the Marshall-Lerner condition?
+#) Different approaches to the balance of payments.
+#) The monetary approach explaining exchange rates.
 = Finance =