1. Application: International Trade Chapter 9 C 2. International Trade What determines whether a country imports or exports a good? 3. International Trade Who gains and who…

Slide 1Copyright©2004 South-Western 9 Application: International Trade Alþjóðaviðskipti Slide 2 Copyright © 2004 South-Western/Thomson Learning What determines whether…

Slide 1Copyright©2004 South-Western 9 Application: International Trade Slide 2 Copyright © 2004 South-Western/Thomson Learning What determines whether a country imports…

Slide 1TARIFFS & QUOTAS Slide 2 TARIFFS ---- MAINLY IMPOSED AS INDUSTRY PROTECTION SOME REVENUE GENERATING PURPOSES AS WELL IMPORT TARIFFTARIFF ON IMPORTED ITEMS ---…

Slide 1Market Distortions Caused by Government Policies All such programs cause a net loss to the economy. Gain is usually to the producers who lobby Congress. Loss is borne…

Slide 1International Trade What determines whether a country imports or exports a good? Who gains and who loses from free trade among countries? What are the arguments that…

Slide 1 CHAPTER 7 ANALYSIS OF A TARIFF Slide 2 2 The concept of tariff A tariff is a tax on importing a good service into a country, usually collected by customs officials…

Slide 1 Unit 5-2 International Trade and Finance 1 Slide 2 Export Goods & Services 16% of American GDP. US Exports have doubled as a percent of GDP since 1975. Closed…

Slide 1 Unit 5 International Trade and Finance 1 Slide 2 Export Goods & Services 16% of American GDP. U.S. Exports have doubled as a percent of GDP since 1975. Closed…

Unit 5 International Trade and Finance * Export Goods & Services 16% of American GDP. U.S. Exports have doubled as a percent of GDP since 1975. Closed vs. Open Economies…