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Encourage world trade - PowerPoint PPT Presentation

Chapter 32: Comparative Advantage and the Open Economy

Chapter 32: Comparative Advantage and the Open Economy. Since World War II, world trade has. decreased in importance as nations turn inward due to security concerns. increased, but not as dramatically as annual world real GDP has climbed.

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CHAPTER 2 : International Trade Institutions and U.S Trade Policy

CHAPTER 2 : International Trade Institutions and U.S Trade Policy. Learning Objectives :. Understand the influence of trade on selected historical developments. Understand the role of transnational institutions affecting trade.

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557 views • 9 slides

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Encourage world trade - PowerPoint PPT Presentation

Chapter 32: Comparative Advantage and the Open Economy

CHAPTER 2 : International Trade Institutions and U.S Trade Policy