1. International Economic Theory 2. International Trade Theory Overview Mercantilism Absolute Advantage Comparative Advantage Competitive -Porter’s Diamond Product Life…
1. International TradePractices and Policies 2. The Need for Trade• If we look around us, we willsee many items we use whichare imported from abroad orwhich have componentsimported…
1. Adam Smith Liberalism and modern economics 2. Related concepts to Adam Smith • • • • • • • • • • •See Encarta Encyclopedia Laissez-faire Free market…
1.Industrial Age Economic Theories From Adam Smith to Karl Marx2. Origins The economic history of the modern world can be broken down into two periods The Commercial Age…
1. American History Unit 1 Lecture 5 LIFE IN ENGLAND’S COLONIES 2. North vs. South Northern ColoniesSouthern Colonies Diverse Economy Agricultural Economy Based…
History of Economic Thought History of Economic Thought Famous Economists and Their Main Ideas 1 Outline Adam Smith and The Wealth of Nations Classical political economy…
Slide 1Early Representative Government Slide 2 Introduction As defined, a colony is a group of people who leave their native country to form a community in a new land.…