March 2013
Beginner
252 pages
6h 50m
English
Content preview from A Primer on Macroeconomics
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By the end of this chapter you will be able to:
1. Use comparative advantage to show how countries can gain from specialization and trade.
2. Given a particular two-country, two-good situation, determine which country will trade which good and indicate the feasible range for the terms of trade.
3. Given a particular two-country, two-good situation, and specific terms of trade, use consumption possibility frontiers to demonstrate that trade can be beneficial.
4. Evaluate common arguments in favor of trade restrictions.
5. Distinguish between a quota and a tariff.
6. Use demand and supply analysis to outline the costs involved in the imposition of a tariff.
7. Use demand and supply analysis ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.