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About International Economics Revision Notes
This document provides revision notes for an international economics course. It covers four narratives in international political economy and introduces key concepts in trade models, including: - Narrative I examines the legacy of colonialism and dependency theory - Narrative II discusses globalization and the rise of emerging economies - Absolute and comparative advantage drive specialization according to opportunity costs in models like Ricardo and Heckscher-Ohlin - Gains from trade are analyzed using production possibility curves and general equilibrium effects on prices and allocation of resources.
Detailed Information
Author: | ['Daksh Jain'] |
---|---|
Publication Year: | 2019 |
Pages: | 28 |
Language: | English |
Format: | |
Price: | FREE |
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