International Economics | UGC NET / SET / JRF | Detailed Notes UGC NET | SET | JRF - ECONOMICS VIEW ALL UNITS DETAILED NOTES UGC NET (ECONOMICS) UNIT V. International Economics 1. International Trade: Basic Concepts and Analytical Tools 2. Theories of International Trade 3. International Trade under Imperfect Competition 4. Balance of Payments: Composition, Equilibrium and Disequilibrium and Adjustment Mechanisms 5. Exchange Rate: Concepts and Theories 6. Foreign Exchange Market and Arbitrage 7. Gains from Trade, Terms of Trade, Trade Multiplier 8. Tariff and Non-Tariff Barriers to Trade; Dumping 9. GATT, WTO and Regional Trade Blocks; Trade Policy Issues 10. IMF & World Bank