Chapter 43. International Trade

Chapter Contents

43.1 – Introduction to International Trade

43.2 – Absolute and Comparative Advantage

43.3 – What Happens When a Country Has an Absolute Advantage in All Goods

43.4 – Intra-industry Trade between Similar Economies

43.5 – The Benefits of Reducing Barriers to International Trade

License

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Principles of Economics: Scarcity and Social Provisioning (3rd Ed.) Copyright © by Erik Dean; Justin Elardo; Mitch Green; Benjamin Wilson; Sebastian Berger; Richard Dadzie; and Adapted from OpenStax Principles of Economics is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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