1Chapter 1 International Trade Theory
842.4.15 Housework discussion
21.1 What are the various international trade theories?
852.4.16 Debate on cheap foreign labor
31.2 Introduction
862.4.17 Infant industry debate
41.2.1 Protectionism is another word for trade restrictions to protect domestic industries
872.4.18 Discussion of unfair trade practices
51.2.2 Classical or national trading theory
882.4.19 National security debate
61.2.3 Which trade theory dominates today?
892.5 Why should only one or two of these sectors receive import protection?
71.3 The Basics of a Market: Supply and Demand and Equilibrium
902.6 Summary
81.3.1 Core paper
912.7 Question Hiccups: References
91.3.2 Understand the laws of supply and demand
92Chapter 3 The World Trade Organization, International Trade Relations and Issues
101.3.3 Law of demand
933.1 Introduction
111.3.4 Supply method
943.1.1 Some of the key provisions of the GATT (WTO)
121.3.5 Equilibrium price
953.1.2 General Agreement on Trade in Services
131.3.6 Factors Influencing Offers
963.1.3 According to GATS, there are four forms of service delivery:
141.3.7 Factors Affecting Demand
973.1.4 Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)
151.3.8 What is a simple explanation of the law of supply and demand?
983.1.5 International Trade, Labor and Environmental Issues
161.3.9 Why is the law of supply and demand important?
993.1.6 Preferred trade agreement
171.4 The Basis for Trade: Absolute Advantage and Comparative Advantage
1003.2 Important International Institutions
181.4.1 Core paper
1013.2.1 International trade association
191.4.2 Where does comparative advantage come from?
1023.2.2 World bank
201.4.3 Comparative advantage and free trade
1033.2.3 International Development Association (IDA)
211.4.4 Why is there no full free trade?
1043.2.4 International Finance Corporation (IFC)
221.4.5 Final result
1053.2.5 Multinational Investment Guarantee Agency (MIGA)
231.4.6 Absolute and comparative advantages
1063.2.6 Trade agreement
241.4.7 History of Absolute Advantage and Comparative Advantage
1073.2.7 Types of International Organization
251.4.8 What is Adam Smith’s theory of absolute superiority?
1083.3 Bilateral Groupings & Agreements
261.4.9 What is an example of absolute profit?
1093.3.1 Goal
271.4.10 How do you calculate absolute profit?
1103.3.2 Importance
281.4.11 How do you define comparative advantage?
1113.3.3 Analysis of results and challenges
291.4.12 What are the advantages of achieving absolute dominance in the production of goods?
1123.3.4 Critical analysis
301.4.13 Final result
1133.4 Summary
311.5 New Trade Theories: Economies of Scale, Product Differentiation, and Intra-industry Trade
1143.5 Question Hiccups
321.5.1 Comparative advantage theory
115References
331.5.2 Terms and conditions
116Chapter 4 International Finance
341.5.3 Economic model
1174.1 Introduction
351.5.4 Economic theory of trade blocs
1184.1.1 Core paper
361.5.5 Trade in factors of production and services
1194.1.2 Understanding International Finance
371.5.6 Creation of comparative advantage
1204.1.3 Examples of International Organizations on International Finance
381.5.7 Neo-mercantilism
1214.1.4 Importance of international finance
391.5.8 Unbalanced trade
1224.2 An Introduction to Open Economy Macroeconomics and the Balance of Payments: 4.2.1 Balance of payments
401.6 Summary
1234.3 The Foreign Exchange Market
411.7 Question Hiccups
1244.3.1 Forex products
42References
1254.3.2 Exchange rate
43Chapter 2 International Trade Policy
1264.3.3 Real exchange rate
442.1 Introduction
1274.4 The Determination of the Exchange Rate
452.1.1 Classical theory
1284.4.1 Determining long-term exchange rates
462.1.2 Latest analysis
1294.4.2 Determining short-term exchange rates
472.1.3 Factor price equalization
1304.4.3 Determination of money markets and interest rates
482.1.4 Terms of trade
1314.4.4 Elasticity of demand for imports and exports
492.1.5 Young industry
1324.4.5 J-curve effect
502.1.6 Trade policy
1334.4.6 Exchange rate delivery
512.2 International finance
1344.4.7 Currency risk and multinational corporations
522.2.1 Scope and methodology
1354.4.8 Futures market
532.2.2 Exchange rate and capital movement
1364.4.9 Forward exchange rate and target interest rate parity
542.2.3 Politics and institutions
1374.5 Summary
552.2.4 International financial stability
1384.6 Question Hiccups
562.2.5 Migration
139References
572.2.6 Globalization
1405.1 Introduction
582.2.7 Oppose
1415.1.1 Program design and effectiveness
592.3 Trade Policy Instruments: Tariffs, Quotas, Subsidies
1425.1.2 Source of growth
602.3.1 Price
1435.1.3 Current account sustainability
612.3.2 Impact of Tariffs by Small Countries
1445.1.4 Financial policy
622.3.3 Consumer Surplus, Producer Surplus, Welfare Loss
1455.1.5 What is the role of fiscal policy?
632.3.4 Impact of Tariffs Across Large Countries
1465.1.6 Exchange rate policy and issues
642.3.5 Odds
1475.2 Aggregate Demand, Aggregate Supply, Output, and Exchange Rates
652.3.6 Other trade barriers
1485.2.1 Global offers
662.3.7 Subsidy
1495.2.2 Macroeconomic balance
672.3.8 Effects of export subsidies
1505.2.3 Fiscal policy and aggregate demand
682.3.9 Strategic trade policy
1515.2.4 Fiscal policy, interest rates and exchange rates
692.4 Arguments for Protection and the Political Economy of Trade Policy
1525.2.5 Monetary policy and aggregate demand
702.4.1 Core paper
1535.2.6 Monetary policy, interest rates and exchange rates
712.4.2 Who charges customs duty?
1545.2.7 Macroeconomic policy under different exchange rate regimes
722.4.3 Why are tariffs and trade barriers used?
1555.2.8 Monetary and fiscal policy at a fixed exchange rate
732.4.4 Retaliation
1565.2.9 Monetary impossible trio
742.4.5 Types of Common Tariffs
1575.2.10 Selecting the exchange rate system
752.4.6 Who benefits from tariffs?
1585.3 A Brief History of International Monetary Systems
762.4.7 How do tariffs affect prices?
1595.3.1 Bretton Woods System
772.4.8 Tariffs and modern trade
1605.3.2 Euro
782.4.9 What are the main types of trade barriers?
1615.4 Summary
792.4.10 What are examples of tariffs?
1625.5 Question Hiccups:
802.4.11 Do Tariffs Cause Inflation?
163References
812.4.12 Final result
164Glossary
822.4.13 Advocacy
165Index
832.4.14 Trade terms argument
