Documents Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 9 Trade and the Balance of...

Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 9 Trade and the Balance of Payments Slide 2 Copyright © 2008 Pearson Addison-Wesley. All rights…

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1. Trade opener1. Where was your shirt made? (Have your neighbor check) 2. What type of labor makes t shirts? 3. What type of labor designs cellphones? 2. Comparative Advantage…

Documents TRADE AND BALANCE OF PAYMENTS THE ACCOUNTS. Introduction Balance of payments = current account +...

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