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Note:Every chapter has the following end-of-Chapter materials | |
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Summary, Key Terms, Exercises | |
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Introduction to International Trade | |
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Trade in the Global Economy | |
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International Trade | |
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The Basics of World Trade | |
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Map of World Trade Trade | |
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Compared to GDP Barriers to Trade | |
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Migration and Foreign | |
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Direct Investment Map of Migration | |
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Map of Foreign Direct Investment | |
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Conclusions | |
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Patterns of International Trade | |
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Trade and Technology: The Ricardian Model | |
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Reasons for Trade | |
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Ricardian Model | |
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The Home Country | |
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The Foreign Country Application:Comparative | |
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Advantage in Apparel, Textiles, and Wheat | |
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Determining the Pattern of International Trade International | |
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Trade Equilibrium Solving for Wages Across Countries | |
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Application:Labor Productivity and Wages | |
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Solving for International Prices | |
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Home Export Supply Curve Foreign | |
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Import Demand Curve International | |
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Trade Equilibrium Application:The Terms of Trade for Primary Commodities | |
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Conclusions | |
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Gains and Losses from Trade in the Specific-Factors Model | |
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The Specific-Factors Model | |
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The Home Country | |
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The Foreign Country Overall Gains from Trade Application:How Large are the Gains from Trade? | |
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Earnings of Labor Determination of Wages Change in Relative | |
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Price of Manufactures Application:Manufacturing and Services in the U.S.: Employment and Wages across Sectors | |
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Application:Trade Adjustment | |
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Assistance Programs: Financing the Adjustment | |
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Costs of Trade | |
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Earnings of Capital and Land | |
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Determining the Payments to Capital and Land Numerical Example | |
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What It All Means Application:Prices in Agriculture | |
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Conclusions | |
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Trade and Resources: The Heckscher-Ohlin Model | |
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Heckscher-Ohlin Model Assumptions of the Heckscher-Ohlin Model | |
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Application:Are Factor Intensities the Same Across Countries? No Trade Equilibrium | |
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Free Trade Equilibrium Testing the Heckscher-Ohlin | |
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Theorem: Leontief’s Paradox | |
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Effect of Trade on Factor Prices | |
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Effect of Trade on the Wage and Rental | |
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Determination of the Real Wage and Real Rental | |
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Changes in the Real Wage and Rental: Numerical Example | |
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Application:Opinions Toward Free Trade | |
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Comparing the Wage and Rental Across Countries | |
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Extending the Heckscher-Ohlin Model Many Goods, Factors and Countries Differing Productivities Across Countries Extending the Heckscher-Ohlin | |
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Theorem Application:Why Did India Import Cotton Textiles? | |
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Conclusions Appendix: The "Sign Test" in the Heckscher-Ohlin Model | |
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Movement of Labor and Capital Between Countries | |
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Movement of Labor Between Countries Effect of Immigration in the Short Run: the Specific Factors Model | |
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Application:Immigration to the New World | |
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Application:Immigration to the U.S. and Europe Today Other Effects of Immigration in the Short Run Effects of Immigration in the Long Run | |
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Application:The Effects of the Mariel Boat Lift on Industry Output in Miami | |
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Application:Immigration and U.S. Wages, 1990-2004 | |
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The Movement of Capital Between Countries: Foreign Direct Investment | |
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Application:Acquisition Investment into the United States Greenfield Investment FDI | |
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In the Short Run: the Specific Factors Model FDI | |
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In the Long Run Application:The Effect of FDI on Rentals and Wages in Singapore | |
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Gains from Labor and Capital Flows Gains from Immigration | |
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Application:Gains from Migration Gains from Foreign Direct Investment | |
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Conclusions | |
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New Explanations for International Trade Chapter | |