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International Trade (Econ 314) Dr. Reyadh Faras

International Trade (Econ 314) Dr. Reyadh Faras. Chapter One: Introduction. 1.1 Importance of International Trade. 1.2 International Trade and the Nation’s Standard of Living.

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International Trade (Econ 314) Dr. Reyadh Faras

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  1. International Trade(Econ 314)Dr. ReyadhFaras Dr. Reyadh Faras

  2. Chapter One: Introduction Dr. Reyadh Faras

  3. 1.1 Importance of International Trade Dr. Reyadh Faras

  4. 1.2 International Trade and the Nation’s Standard of Living • Economic relations between countries are measured by the ratio of their exports and imports of goods and services to their GDP (openness= (Ex+Im)/GDP) • Openness is higher for smaller and developing countries, but why? (fig. 1-1) • In general, trade grows faster than production (fig.1-2) • Standards of living depend on trade: 1) Many raw materials are imported from abroad. 2) Many products if produced domestically will cost more than abroad, so its better to import them. Dr. Reyadh Faras

  5. FIGURE 1-1 Imports and Exports as a Percentage of GDP in Various Countries in 2001. Dr. Reyadh Faras

  6. Imports of Goods and Services 2009 (% of GDP) Dr. Reyadh Faras

  7. Exports of Goods and Services 2009 (% of GDP) Dr. Reyadh Faras

  8. Balance of Trade 2009 (Millions of USD) Dr. Reyadh Faras

  9. Oil as a Curse Dr. Reyadh Faras

  10. FIGURE 1-2 Growth of World Production and Trade, 1990-2001 (annual percentage changes). Dr. Reyadh Faras

  11. قيم ونسب صادرات السلع لأكبر (12) دولة مصدرة للسلع في العالم (عام 2005م) Dr. Reyadh Faras

  12. أبرز الاتفاقيات الاقليمية في العالم Main Regional Agreements EU NAFTA EFTA ASEAN GCC APEC AFTA Mercosur Dr. Reyadh Faras

  13. الاتفاقيات الاقليمية للتجارة الحرة العدد السنوي الاجمالي في حيز التنفيذ الاجمالي في حيز التنفيذ العدد السنوي Dr. Reyadh Faras

  14. الصـــين دول النافـــتا الاتحاد الأوروبي منطقــة دول مجلس التعاون الخليجي العــربية الحرة التجارة اليـابــــان الهــــــند العربية الكبرى دول الآســيان دول الميكوسور جنــوب إفريقــيا Dr. Reyadh Faras

  15. مراحل توسع الإتحاد الأوربي Dr. Reyadh Faras

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