The document discusses several important concepts related to international trade including:
1) Trade can benefit countries through specialization which increases efficiency and lowers prices as countries focus on making goods they have a comparative advantage in and trade for other goods.
2) Countries may implement trade barriers like tariffs for reasons such as protecting infant industries or national defense, but these barriers can also be used as protectionism.
3) Various trade agreements like the WTO, NAFTA, and EU aim to reduce trade barriers and promote free trade between member countries. However, fears remain about the impacts of globalization and trade.
"Restrictions On International Trade Are Counterproductive”. To What Degree Do You Agree/Disagree With This Statement. A Presentation for my class "Intro 2 Contemporary Business"
"Restrictions On International Trade Are Counterproductive”. To What Degree Do You Agree/Disagree With This Statement. A Presentation for my class "Intro 2 Contemporary Business"
Lesson One | Globalization and Economic IntegrationSimon Lacey
This is the first in a series of five lectures I am giving in 2014 at the University Pelita Harapan (UPH) Graduate School's Masters Program in International Trade, Investment and Competition (MTIC).
Introduction Theories of International Trade Common Terms in International Trade Reasons For International Trade Advantages of International Trade Disadvantages of International Trade International Trade Protectionism Reasons for Trade Protectionism World Trade Organization Objectives of WTO Conclusions Discussions
Lesson One | Globalization and Economic IntegrationSimon Lacey
This is the first in a series of five lectures I am giving in 2014 at the University Pelita Harapan (UPH) Graduate School's Masters Program in International Trade, Investment and Competition (MTIC).
Introduction Theories of International Trade Common Terms in International Trade Reasons For International Trade Advantages of International Trade Disadvantages of International Trade International Trade Protectionism Reasons for Trade Protectionism World Trade Organization Objectives of WTO Conclusions Discussions
Series of lectures from Brian Butler, given during fall 2008 session at Thunderbird Global MBA, Miami campus:
This lecture 05: continue learning the basics of trade economics, starting with absolute advantage, comparative advantage, and looking at the economics of free trade
Series of lectures from Brian Butler, given during fall 2008 session at Thunderbird Global MBA, Miami campus:
This lecture 04: learn the basics of trade economics, starting with absolute advantage, comparative advantage, and looking at the economics of free trade
International Economics & Policy (VV2)
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