TAILIEUCHUNG - Lecture Macroeconomics (9/e): Chapter 19 - David C. Colander

Chapter 19 - International trade policy. After reading this chapter, you should be able to: Summarize some important data of trade, explain policies countries use to restrict trade, summarize the reasons for trade restrictions and why economists generally oppose trade restrictions, explain how free trade associations both help and hinder international trade. | International Trade Policy Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade. — Ludwig von Mises Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter Goals Summarize some important data of trade Explain how free trade associations both help and hinder international trade Explain policies countries use to restrict trade Summarize the reasons for trade restrictions and why economists generally oppose trade restrictions 2 The Nature and Patterns of Trade Differences in the importance of trade Total Output ($) Export Ratio (%) Import Ratio (%) Netherlands 844 78 71 Germany 3,695 47 41 Canada 1,706 29 31 Italy 2,180 27 29 France 2,825 26 28 United Kingdom 2,462 30 33 Japan 6,078 15 14 United States 15,094 13 16 3 OPEC 4% Central and South America 11% Other 10% Pacific Rim 25% European Union 18% Mexico 13% Canada 19% .

• Kinh tế học
• Lecture Macroeconomics
• Kinh tế vĩ mô
• Macroeconomic problems
• International macroeconomic policy issues
• International trade policy
• Balance of trade
• Bài giảng Kinh tế vĩ mô
• Science of macroeconomics
• Data of macroeconomics
• Unemployment rate
• Inflation rate
• Principles of microeconomics
• Economic models
• Tools of microeconomics
• Microeconomic transactions
• Natural rate of unemployment
• Consumer price index
• National income
• Agriculture sector
• Agricultural policies
• Economic fluctuations
• Macroeconomic policy
• Business cycle theory