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Unformatted text preview: 9/10/2008 1 Lecture 1: Introduction Economics 3610 Cornell University Fall 2008 Main Topics Why countries trade Trends of trade over time and reasons for them The different types of trade including goods, services, migration, and foreign direct investment Understand how and why flows of different types of trade Understand how and why flows of different types of trade occur between different types of countries. The role of international organizations in trade Consider the effects of trade and trade policies on: Labor (workers), Environment, and Development. Figure 1.2 World Trade in Goods, 2000 ($ billions) Table 1.2 Trade/GDP Ratio in 2005 Figure 1.3 Trade in Goods and Services Relative to GDP Figure 1.4 Average Worldwide Tariffs, 18602000 9/10/2008 2 DATE: December 12, 1991 TO: Distribution FR: Lawrence H. Summers Subject: GEP 'Dirty' Industries: Just between you and me, shouldn't the World Bank be encouraging MORE migration of the dirty industries to the LDCs...
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This note was uploaded on 12/25/2008 for the course ECON 361 taught by Professor Besh during the Fall '08 term at Cornell University (Engineering School).
- Fall '08