{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Last class May 6 - Announcements Finals...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Announcements Finals:   11:15 – Friday May 8, 7:45am GLC64 12:20 – Saturday May 9, 3:25pm GLC64 Office hours this week: M,T,W,TH,F 2-4 or by  appt. Practice Qs for taxes and trade are on BB. Final HW and iClicker grades will be posted by  Friday. 1 of 29
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
After  MT3: Trade Comparative advantage and  specialization. Law of comparative advantage CPF vs. PPF Reasons for comparative advantage Factor endowments Economies of scales. Exchange rates and how they affect trade Trade on supply and demand graphs. Trade surplus vs. trade deficit.
Image of page 2
Trade II Protection: Tariffs – hurt consumers. Help producers. Provides  gov’t revenue. Quotas – hurt consumers. Help producers. Quota  rents go to some firms (foreign or domestic). Look at pictures of these two – understand them  (esp. tariffs) Others: VERs
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern