tailieunhanh - Lecture Macroeconomics - Chapter 17: The gains from international trade

Chapter 17 list the gains from international trade. In this chapter you will learn: The facts about Canada’s international trade, about specialization and comparative advantage, about supply and demand analysis of exports and imports, about trade barriers and their negative effects on nations’ economic well-being. | Chapter 17 The Gains From International Trade SLIDES PREPARED BY JUDITH SKUCE, GEORGIAN COLLEGE * In this chapter you will learn The facts about Canada’s international trade About specialization and comparative advantage About supply and demand analysis of exports and imports About trade barriers and their negative effects on nations’ economic well-being * Chapter 17 Topics Some Key Facts of International Trade The Economic Basis for Trade Specialization & Comparative Advantage Supply & Demand Analysis of Exports & Imports Trade Barriers The Case for Protection: A Critical Review The World Trade Organization * Some Key Facts Exports are 40% of Canadian GDP Canadian exports & imports have almost doubled as a % of GDP since 1971 In 2000, Canada had a $ billion trade surplus * Some Key Facts Principal exports: automotive products machinery & equipment forestry products Main imports: machinery & equipment automotive products Canada imports some of the same categories of goods it . | Chapter 17 The Gains From International Trade SLIDES PREPARED BY JUDITH SKUCE, GEORGIAN COLLEGE * In this chapter you will learn The facts about Canada’s international trade About specialization and comparative advantage About supply and demand analysis of exports and imports About trade barriers and their negative effects on nations’ economic well-being * Chapter 17 Topics Some Key Facts of International Trade The Economic Basis for Trade Specialization & Comparative Advantage Supply & Demand Analysis of Exports & Imports Trade Barriers The Case for Protection: A Critical Review The World Trade Organization * Some Key Facts Exports are 40% of Canadian GDP Canadian exports & imports have almost doubled as a % of GDP since 1971 In 2000, Canada had a $ billion trade surplus * Some Key Facts Principal exports: automotive products machinery & equipment forestry products Main imports: machinery & equipment automotive products Canada imports some of the same categories of goods it exports * Some Key Facts Most trade is with other advanced nations, particularly the US Improved transportation & communications, declines in tariffs, & peace have helped expand trade * World trade is dominated by North America, Japan, & Western Europe GLOBAL PERSPECTIVE * Some Key Facts Southeast Asian economies have expanded their share of world trade Russia, the Eastern European nations, & mainland China have also increased trade * Some Key Facts International trade links world economies International trade & finance is often at the centre of economic policy * Chapter 17 Topics Some Key Facts of International Trade The Economic Basis for Trade Specialization & Comparative Advantage Supply & Demand Analysis of Exports & Imports Trade Barriers The Case for Protection: A Critical Review The World Trade Organization * The Economic Basis for Trade Why do nations trade? The distribution of resources is uneven Efficient production requires different technologies or resource combinations .

• Kinh tế học
• Macroeconomic activity
• Lecture Macroeconomics
• Macroeconomic environment
• Financial system
• International trade
• Trade barriers
• Macroeconomic adjustments
• Method of economics
• Nature of economics
• Macroeconomic policy
• Macroeconomic
• Theoretical Model
• publication
• transmitted
• electronic
• mechanical
• photocopy
• Economic problem
• Foundation of economics
• Individual markets
• Market equilibrium
• Market system
• Canadian economy
• Global economy
• Measuring domestic output
• Income approach
• Economic growth
• Business cycle
• Aggregate expenditures model
• Equilibrium GDP
• Aggregate demand
• Aggregate supply
• Fiscal policy
• Legislative mandates
• Public debt
• Budget philosophies
• Canadian financial system
• Functions of money
• Balance sheet
• Chartered bank
• Monetary policy
• Bank of Canada
• New economy
• Exchange rates
• Balance of payments
• Economic models
• Functional notation