Part V Overview

Overview

Part V turns the concepts from the course into applied trade analysis. The focus is Oman, regional trade partners, TINA simulations, and short policy writing.

Students should now be able to move from trade theory to a practical question: what does the evidence imply for trade policy?

Chapters in this part

Chapter Title Main purpose
Chp 11 Oman Trade Profile Read and interpret Oman trade indicators, HS product data, and trade openness.
Chp 12 TINA Simulation Guide Conduct and report a simple FTA simulation using trade creation and trade diversion concepts.
Chp 13 Final Project and Policy Brief Guide Convert simulation results into a clear project report and policy brief.

Learning path

flowchart LR
  A[Oman trade data] --> B[Partner and sector selection]
  B --> C[TINA simulation]
  C --> D[Trade creation and diversion]
  D --> E[Policy interpretation]
  E --> F[Final project and policy brief]

Key skills

By the end of this part, students should be able to:

  1. Interpret basic Oman trade indicators.
  2. Identify export concentration and import dependence.
  3. Use HS codes to describe product-level trade patterns.
  4. Explain the difference between trade creation and trade diversion in applied terms.
  5. Summarize simulation results in a policy-relevant format.
  6. Write a short, evidence-based trade policy recommendation.

How this part connects to the course

The earlier parts explain why countries trade, how trade affects welfare, and how trade rules shape policy space. This part asks students to use those tools in a realistic applied setting.

The main question is not simply whether trade increases or decreases. The better question is:

Which sectors gain, which sectors lose, which partners matter, and what should policymakers do with this information?