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Lecture
Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
This lecture delves into the basic international relations of trade policy, providing an economic analysis of trade negotiations. It explores how one nation's tariffs impact others, the history of GATT talks, and the gains from reciprocal trade liberalization. The lecture also discusses coordination failures, Nash equilibrium, and the 'passing parade parable' in the context of trade policy.