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Principles of Macroeconomics 2e
International Trade
Preface
Welcome to Economics!
Choice in a World of Scarcity
Demand and Supply
Labor and Financial Markets
Elasticity
The Macroeconomic Perspective
Economic Growth
Unemployment
Inflation
The International Trade and Capital Flows
The Aggregate Demand/Aggregate Supply Model
The Keynesian Perspective
The Neoclassical Perspective
Money and Banking
Monetary Policy and Bank Regulation
Exchange Rates and International Capital Flows
Government Budgets and Fiscal Policy
The Impacts of Government Borrowing
Macroeconomic Policy Around the World
International Trade
Globalization and Protectionism
The Use of Mathematics in Principles of Economics
The Expenditure-Output Model
Unit
21
International Trade
Unit Description
Lesson
1
Introduction to International Trade
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Lesson
2
Absolute and Comparative Advantage
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Lesson
3
What Happens When a Country Has an Absolute Advantage in All Goods
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Lesson
4
Intra-industry Trade between Similar Economies
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Lesson
5
The Benefits of Reducing Barriers to International Trade
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