Principles of Macroeconomics 2e, International Trade | OER Commons

Overview
Details

Subject:: Social Science, Economics
Material Type:: Unit of Study
Level:: Community College / Lower Division, College / Upper Division
Tags:: Value Chain

Production Possibility Frontier (PPF)

International Trade

Economies of Scale

Division of Labor

Specialization

Export

World Trade Organization (WTO)

Absolute Advantage

World Trade Organization

WTO

Production Possibility

Globalization

Tariffs

Splitting Up the Value

Opportunity Cost

Dumping

Imports

Splitting Up the Value Chain

Chain

Comparative Advantage

Productivity

Gain From Trade

Frontier (PPF)

Intra-industry Trade

David Ricardo

License:: http://creativecommons.org/licenses/by/4.0/

Unit 20 International Trade

Lesson 1
Introduction to International Trade
Lesson 2
Absolute and Comparative Advantage
Lesson 3
What Happens When a Country Has an Absolute Advantage in All Goods
Lesson 4
Intra-industry Trade between Similar Economies
Lesson 5
The Benefits of Reducing Barriers to International Trade