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Chapter 2: The Basic Theory Using Demand and Supply

Chapter 2: The Basic Theory Using Demand and Supply

Chapter 2: The Basic Theory Using Demand and Supply. Key Questions About International Trade. Why do countries trade? What is the basis for trade, especially the product (commodity) composition? For each country, what are the overall gains (or losses) from trade?

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875 views • 49 slides
Chapter 4: Increasing returns to scale

Chapter 4: Increasing returns to scale

Chapter 4: Increasing returns to scale. 4.1 Empirical observations 4.2 Homogeneous products 4.2.1 External economies of scale 4.2.2 Contestable markets 4.2.3 Oligopolies 4.3 Differentiated products 4.3.1 Love of variety 4.3.2 Ideal variety. 4.1 Empirical observations.

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512 views • 39 slides
Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium

Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium

International Trade & the World Economy; ? Charles van Marrewijk. CHAPTER 8; TRADE POLICY. Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium Tariffs and general equilibrium Chapter 8 tool: offer curves General equilibrium with offer curves

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556 views • 26 slides
Import Tariffs and Quotas under Imperfect Competition

Import Tariffs and Quotas under Imperfect Competition

9. Import Tariffs and Quotas under Imperfect Competition. Prepared by: Fernando Quijano Dickinson State University. 1 Tariffs and Quotas with Home Monopoly.

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663 views • 24 slides
Figure 8.1 James Meade (1907-1995)

Figure 8.1 James Meade (1907-1995)

Figure 8.1 James Meade (1907-1995). Figure 8.2 Tariff reductions in successive GATT rounds. Figure 8.3 Impact of tariff; partial equilibrium, small country. Figure 8.4 Impact of tariff; partial equilibrium, large country. Figure 8.5 Impact of tariff in general equilibrium.

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153 views • 15 slides
Trade and Resources The Heckscher-Ohlin model

Trade and Resources The Heckscher-Ohlin model

Trade and Resources The Heckscher-Ohlin model. Dr. Petre Badulescu. Introduction. This lecture outlines the Heckscher-Ohlin model , a model that assumes that trade occurs because countries have different resources. Our first goal is to describe the Heckscher-Ohlin (HO) model of trade.

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161 views • 12 slides

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