'Relatively better' presentation slideshows

715 views • 45 slides

Economics

International Trade Why trade?. Economics . Why do countries trade?. There will be much discussion of the pros and cons of trade in the rest of this topic. Before we go down that road, it is important to understand the fundamental reason why countries trade Differences in their resources

544 views • 43 slides

Protectionism

652 views • 28 slides

1.33k views • 14 slides

P(no $400) = P(1 $400) = P(2 $400) = P(3 $400) = P(4 $400) =

322 views • 14 slides

2.01 Understand the concept of comparative advantage and global factors of production

2.01 Understand the concept of comparative advantage and global factors of production. A Rice Culture. Rice grown in Japan Grown on small farms Japanese consumers pay up to 7x more than US consumers Multiple uses of rice (clothing, mats, & household items) Japanese government subsidies

226 views • 12 slides