| 1 | analyzes the fundamental assumptions, mechanisms, and outcomes of classical, neoclassical, and new trade theories; uses these theories to interpret the causes of global trade and national trade policies. |
| 2 | It can calculate and evaluate the effects of various trade policies, such as customs tariffs and non-tariff barriers, on the national economy and international trade. |
| 3 | It compares the structures, functions, and policies of key international economic institutions such as the World Bank, IMF, and WTO; it analyzes the effects and consequences of these policies on global and national economies.
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| 4 | The importance of foreign trade is understood for the development and growth of the Turkish economy and its ability to gain a larger share in the global market. |