TAILIEUCHUNG - Lecture Economics for investment decision makers: Chapter 8 - CFA In stitute

Chapter 8 - International trade and capital flows. This chapter compare gross domestic product and gross national product, describe the benefits and costs of international trade, distinguish between comparative advantage and absolute advantage, explain the Ricardian and Heckscher–Olin models of trade and the source(s) of comparative advantage in each model,. | Chapter 8 International Trade and Capital FLows Presenter’s name Presenter’s title dd Month yyyy 1 1. Introduction International trade enhances economic growth by increasing the efficiency of the allocation of resources, providing larger capital and product markets, assisting specialization based on comparative advantages, and increasing the efficiency of the flow of capital among countries. Copyright © 2014 CFA Institute 2 Notes to the presenter: As an introduction, you could mention what happens when countries pull back from international trade, as was the case during the 1930s and early 1940s. The unintended effect was to reduce the standard of living. Comparative advantage is discussed later in the text, but a quick definition is that it is the production of a good or service that can be produced at a lower cost than in any other country. 2 2. International trade Gross national product (GNP) Add Production of goods and services by foreigners within the country Subtract Production

• Kinh tế học
• Investment decision
• Economics for investment decision
• Fiscal policy
• Business cycles
• International trade
• Capital flows
• Managerial decision making
• Judgment in managerial decision making
• Decision making
• Common investment mistakes
• Poor investment decisions
• Investment decisions
• Economic growth
• Enterprises' investment decision
• Industrial parks in Vietnam
• Investment decision of enterprises
• Investment capital of enterprises
• Economic growth rate
• Supply model
• Supply analysis
• Consumer demand
• Demand analysis
• Market structures
• Firm structures
• Aggregate output
• External trade sector activity
• Monetary policy
• Foreign exchange market
• Economics of regulation
• Financial markets
• Summary of Doctoral dissertation
• Investment decision under uncertainty
• The case of carbon taxation
• Developing countries
• Capital budgeting as a tool of management decision making
• National investment bank limited
• Management decision making
• Long term effect
• The firm’s value
• The Dissertation of Economics
• Doctoral thesis summary
• The impact of the investment environment
• Small and medium enterprises
• Investment decision of the business
• Foreign direct investment
• Foreign ownership
• Multinational enterprises
• Export decision
• Large Turkish firms
• Export decision relationship
• Summary of PhD Dissertation
• Determinants of Vietnamese enterprises
• Outward direct investment decision
• The case of Cambodia
• Foreign Investment Agency
• Decision Rules
• project risk
• project risk analysis
• evaluation of investment projects
• corporate finance
• investment
• Financial management
• Decision makers
• Financial planning
• Interpreting financial statements
• Making capital investment decisions
• Integrated resort attractions
• Key factors
• Analytic hierarchy process
• Bayesian Network Methods
• Innovation decision making
• R&D investment’ choice
• Cognitive management of executives’ discretion
• Understanding manager decision making