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Grounded trade relations surface
Year 3, Semester 1Extended programme8 study units2 worked examples

EKIP212 · International Trade Relations

This is the curated EKIP212 study surface for the third-year extended programme first semester: study units, trade theory, policy instruments, worked examples, calculators, and revision checkpoints, presented with richer visual structure instead of a plain text dump.

Semester 1 / Year 3Trade relations at a glance

Use the study units below for theory, the worked examples for calculation practice, and the schedule spine to keep the semester pacing visible.

Study units8
Topic seeds8
Worked examples2

Module view

The trade relations route is now visually curated for focused revision.

North-West UniversityExtended programmeThird year semester 1

Study approach

Use the page in the same order the semester unfolds.

Theory firstThen worked examplesThen calculators and review
Language Layer

Language-aware EKIP212 search

Search study units, trade concepts, quota examples, and policy tools with grounded retrieval and clearer route framing.

Module context: EKIP212

Grounded trade explainer

Explain an EKIP212 trade concept with module-aware grounding first.

Module context: EKIP212
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Study units and topic entry points

The fastest way into EKIP212 is by study unit and concrete trade-policy topics.

Study Unit 1.1Study unit
Study Unit 1.2Study unit
Study Unit 2.1Study unit
Study Unit 2.2Study unit
Study Unit 3Study unit
Study Unit 4.1Study unit
Study Unit 4.2Study unit
Study Unit 5Study unit
EKIP 212 Workplan 2026
Study Unit 1 Absolute and comparative advantage
Study Unit 1.1 Trade theories
Study Unit 2.2 Nontariff barriers to trade 2025
How to assess the impact of a quota
Calculating the effective rate of protection
Ch 2 Constant and increasing cost
EKIP

Assessment flow

Use the workplan to pace the module instead of studying blind.

Test 116 FebruaryStudy Unit 1.1 & 1.2
Test 230 March – 10 AprilStudy Unit 2.1 & 2.2
Test 324 AprilStudy Unit 3 & 4.1
Test 411 MayStudy Unit 4.2 & 5
Exam revision18 May
First exam opp26 May - 19 June

Schedule spine

Workplan checkpoints extracted from the generated module content.

Week 1:9 February Introduction and orientation 9-13 February
Week 2:16 February SU 1.1: Modern trade theory 16-20 February 3 23 February Guest lecture – Prof David Luke (London School of Economics) 23-27 February 27 February SU 1.2: Sources of comparative advantage 4 2 March SU 2.1: Tariffs 2-6 March 6 March Test 1 – Study Unit 1.1 & 1.2
Week 5:13 March SU 2.2: Non-tariff barriers 9-13 March
Week 6:16 March SU 3: International trade regulation 16-20 March
Week 7:23 March SU 4.1: Trade policies for developing nations 23-27 March
Week 8 & 9:Assessment Test 2: Study Unit 2.1 & 2.2 30 March – 10 April
Week 10:17 April SU 4.2: Regional trade agreements & extra notes 14-17 April
Week 11:24 April Test 3: Study Unit 3 & 4.1 20-24 April

Worked examples

Concrete quota and protection examples make EKIP212 much easier to internalize.

Compute imports under a quota-style trade diagram

Chapter 2

The quota reference solves Ecuador's free-trade quantities at a world price of $300.

Problem: At a price of $300, Ecuador produces 15 computers and demands 85 computers. How many computers must be imported?

  1. Identify domestic production: The source states Ecuador produces 15 computers at the world price.
  2. Identify domestic demand: The source states Ecuador demands 85 computers at the same price.
  3. Compute imports: Imports = demand - domestic production = 85 - 15 = 70.
Answer: Ecuador imports 70 computers.
Source: Quota impact reference

Calculate the effective rate of protection

Chapter 2

The protection reference uses steel worth $1,000,000, imported taconite worth $100,000, and tariffs of 20% and 10%.

Problem: Given n = 0.2, a = 0.1, and b = 0.1, calculate the effective rate of protection.

e = (n - ab) / (1 - a)
  1. Compute the input share: a = 100,000 / 1,000,000 = 0.1.
  2. Substitute the tariff values: e = (0.2 - (0.1 x 0.1)) / (1 - 0.1) = (0.2 - 0.01) / 0.9.
  3. Finish the calculation: 0.19 / 0.9 = 0.21, which is 21%.
Answer: The effective rate of protection is 21%.
Source: Effective rate of protection

Calculators / tools

Generated tool ideas already extracted from the module pack.

Terms of trade calculatorTest whether export prices are improving fast enough relative to import prices.Terms of trade index = (export price index / import price index) x 100
Export price indexImport price index