Lectures
Week 4
Universiteit van Amsterdam · Business Administration
Y2 - International BusinessInhoud
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- Week 4
- Chapter 6: International trade theory
- An Overview of Trade Theory
- Free Trade
- The Benefits of Trade
- The Pattern of International Trade
- Trade Theory and Government Policy
- Mercantilism
- Absolute Advantage
- Comparative Advantage
- David Ricardo (1817) Principles of Political Economy
- The Gains from Trade
- Qualifications and Assumptions
- Extensions of the Ricardian Model
- Heckscher-Ohlin Theory
- Factor Endowments
- The Leontief Paradox
- The Product Life-Cycle Theory
- Raymond Vernon proposed life-cycle theory in the
- Product Life-Cycle Theory in the Twenty-First
- New Trade Theory
- Economies of Scale
- Increasing Product Variety and Reducing Costs
- Economies of Scale, First-Mover Advantages, and the Pattern of Trade
- Implications of New Trade Theory
- National Competitive Advantage: Porter’s
- Porter’s four attributes constitute a diamond.
- Factor Endowments
- Demand Conditions
- Related and Supporting Industries
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