This is a seminar course. It shall study papers in the frontier of trade/industrial organization research. Students are required to read assigned papers and share their comments in the classroom. Through numerous presentations and discussions, students shall be familiar with the recent trend of the literature on trade/industrial organization and are required to submit a term paper on a topic approved a priori by the instructor before the end of the semester. This course will be of particular help to students who are looking for a research topic for their MA or PhD theses.