{"id":2438,"date":"2024-05-01T12:16:26","date_gmt":"2024-05-01T09:16:26","guid":{"rendered":"https:\/\/w1.aua.gr\/poa\/?post_type=courses&#038;p=2438"},"modified":"2024-05-17T19:28:44","modified_gmt":"2024-05-17T16:28:44","slug":"theory-of-international-transactions","status":"publish","type":"courses","link":"https:\/\/w1.aua.gr\/poa\/en\/courses\/theory-of-international-transactions\/","title":{"rendered":"[6840] Theory of International Transactions"},"content":{"rendered":"\n<p>After completing the course, it is expected that students will be able to: understand the way in which the international economic system works, interpret the causes and dynamics that shape transactions, commercial relations and economic balances in the international and world space, to know the main determinants of exchange rates, to understand the relationship between exchange rate and Balance of Payments, to interpret and analyze the functioning of closed and open economies, to distinguish the consequences of currency depreciation on a country's trade balance, to evaluate the effectiveness of monetary and fiscal policy in different exchange rate systems, manage issues of exchange rates, balance of payments and international capital movements, know the context and conduct of international trade and mobility of factors of production in the prosperity of countries, the role of international organizations in the conduct of commercial and international transactions, to interpret phenomena of commercial and economic associations, to describe and analyze the reasons for entering into international trade relations, to recognize the comparative advantages and disadvantages of countries in international trade, the effects of the liberalization of international trade on labor markets and on distribution of income, to be familiar with the spirit of legislation and the spirit of policies related to international trade and commerce and generally to cultivate their critical, inductive and creative thinking on theoretical and practical issues concerning the international economic system<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After completing the course, it is expected that students will be able [&hellip;]<\/p>\n","protected":false},"featured_media":1711,"template":"","semester":[96],"level":[98],"choice":[104],"class_list":["post-2438","courses","type-courses","status-publish","has-post-thumbnail","hentry","semester-8semester-eng","level-undergraduate-eng","choice-compulsory"],"acf":[],"_links":{"self":[{"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/courses\/2438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/courses"}],"about":[{"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/types\/courses"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/media\/1711"}],"wp:attachment":[{"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/media?parent=2438"}],"wp:term":[{"taxonomy":"semester","embeddable":true,"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/semester?post=2438"},{"taxonomy":"level","embeddable":true,"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/level?post=2438"},{"taxonomy":"choice","embeddable":true,"href":"https:\/\/w1.aua.gr\/poa\/wp-json\/wp\/v2\/choice?post=2438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}