February 2016
Beginner to intermediate
500 pages
33h 40m
English
Traditionally, most imports come from other countries.
Use the concept of comparative advantage to explain why countries trade.
Characterize the effects of a change in the exchange rate on trade between countries.
Describe the effects of tariffs, quotas, and subsidies on international markets.
Show how multinational enterprises take advantage of international tax rate differences to raise profits.
Discuss why firms outsource production to foreign firms, and evaluate the criticisms of outsourcing.