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Theories of International Trade AG BM 338 Agribusiness in the Global Economy
LEARNING OBJECTIVES ,[object Object],[object Object],[object Object],[object Object]
Trade Balance ,[object Object],[object Object],[object Object],[object Object]
 
 
 
Trade Theories ,[object Object],[object Object]
The Age of Mercantilism ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Absolute Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object]
Absolute Advantage: Problems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Comparative Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunity Cost ,[object Object],[object Object],[object Object],[object Object]
Numerical Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
More on Comparative Advantage ,[object Object],[object Object],[object Object]
More on Comparative Advantage ,[object Object],[object Object],[object Object]
 
Some Definitions ,[object Object],[object Object],[object Object]
Factor Proportions (Heckscher-Ohlin) Trade Theory ,[object Object],[object Object],[object Object]
Modern Trade Theories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Modern Trade Theories ,[object Object],[object Object],[object Object]
 
 
IN-CLASS EXERCISE ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Trade theory