Interdependence and Gains from Trade von James DeNicco

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Über den Vortrag

Der Vortrag „Interdependence and Gains from Trade“ von James DeNicco ist Bestandteil des Kurses „Principles of Microeconomics (EN)“. Der Vortrag ist dabei in folgende Kapitel unterteilt:

  • Opportunity Cost as the foundation of Trade
  • Production Possibility Frontiers without Trade
  • The Terms of Trade
  • A Closer Look to Comparative Advantage
  • Recap

Quiz zum Vortrag

  1. There are no gains from trade in this situation.
  2. James should do more of the cooking based on his comparative advantage.
  3. Jimmy should do more of the cooking based on his comparative advantage.
  4. Jimmy should do more of the cooking based on his absolute advantage.
  1. Peacetoria will export hats, while Peaceville will export cars.
  2. Both will import shirts.
  3. There are no gains from trade in this situation.
  4. Peacetoria will export cars, while Peaceville will export hats.

Dozent des Vortrages Interdependence and Gains from Trade

 James DeNicco

James DeNicco

Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.

His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.

Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.

In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.


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