FINA60052
syllabus
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session 1
session 2
session 3
session 4
session 5
session 6
session 7
session 8
session 9
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session 11
session 12
session 13
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session 10 : International trade policy, comparative advantage, outsourcing
HEC Montréal
Thierry Warin
https://warin.ca/cv/thierry.html
(HEC Montréal & Cirano (Montréal))
https://www.hec.ca
01-01-2021
Contents
Description
Activities/Ressources before the session
Presentation
Activities/Ressources during the session
Activitiess/Ressources after the session
Description
Summarize some important data of trade.
Explain the principle of comparative advantage,
List three determinants of the terms of trade.
Explain why economists’ and laypeople’s’ views of trade differ.
Distinguish between inherent and transferable comparative advantages.
Explain three policies countries use to restrict trade.
Summarize why economists generally oppose trade restrictions.
Explain how free trade associations both help and hinder international trade.
Activities/Ressources before the session
Presentation
Presentation
Activities/Ressources during the session
Activitiess/Ressources after the session