International Trade and Capital Flows
About the Lecture
The lecture International Trade and Capital Flows by Edu Pristine is from the course Archiv - Economics. It contains the following chapters:
- Benefits and costs of international trade
- Comparative Advantage and Absolute Advantage
- The Ricardian and Heckscher-Ohlin Models of Trade
- Trade and capital Restrictions
- Trading blocs, common markets and economic unions
- Balance of Payment account
- Decisions by consumers, firms and governments
- International Organizations
Author of lecture International Trade and Capital Flows
Edu Pristine
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Excerpts from the accompanying material
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... a good or service in the domestic country, which may beequal to the price if free trade is permitted or different from the world price when the domestic country restricts trade " Net Exports: Value of a country s exports minus the value of its imports over someperiod Trade Surplus: Net exports are positive Trade deficit: Net exports are ...
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... " Terms of Trade: Ratio of index of the prices of country s exports to an index of the prices ofits import expressed relative to the base value of 100. E.g.: 107 ðàPrices of goods that country exports have risen ...
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... domestic Product (GDP) " Domestic Trade Vs. International Trade: International trade is typically more costly than domestic trade " border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system ...
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... Greater variety of products available to household and firms Increase competition and more efficient ...
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... opportunities in the importing country goes down " However, benefits of international trade are more th an the costs which would result in the compensation to losers by winners and still be ...
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... than imports B) Exports goods price level has decreased than imports C) ...
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... good to country B, what would be impact on ...
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... or warrant t he accuracy or quality of the products or services offered by Pristine. ...
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... Institute, CFA® , and Chartered Financial Analyst ® ; are trademarks owned by CFA Institute. The LOS are the sole property of the CFA Institute. If country opens it borders to International Trade which of the following is most likely to happen? A. The country can consume outside its ...
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... economy to international trade results in gains from specialization and gains from trade. Disclaimer: CFA Institute does not endorse, promote, or warrant t he accuracy or quality of the products or services offered by Pristine. CFA ...
