Chapter 15

Chapter 15 Economics Notes World of Trade

Trade and Its Benefits… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Things to Consider… ,[object Object],[object Object],[object Object],[object Object],[object Object]

Absolute vs. Comparative Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Productivity, Wages & Trade ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Productivity and Trade ,[object Object],[object Object],[object Object]

Countries Protect their Own, Because of… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Trade Barriers = Trade Manipulators ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Types of Trade Agreements ,[object Object],[object Object],[object Object],[object Object],[object Object]

Other Trade Agreements ,[object Object],[object Object],[object Object],[object Object]

North American Free Trade Association (NAFTA) 1994 ,[object Object],[object Object],[object Object],[object Object]

GATT & WTO ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Final Things to Consider… ,[object Object],[object Object],[object Object]

Chapter 15

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Chapter 15