Please enable JavaScript.
Coggle requires JavaScript to display documents.
International TradeTheory - Coggle Diagram
International TradeTheory
An Overview of Trade Theory
THE BENEFITS OF TRADE
THE PATTERN OF INTERNATIONAL TRADE
TRADE THEORY AND GOVERNMENT POLICY
Mercantilism
Absolute Advantage
Comparative Advantage
THE GAINS FROM TRADE
QUALIFICATIONS AND ASSUMPTIONS
EXTENSIONS OF THE RICARDIAN MODEL
Immobile Resources
Diminishing Returns
Dynamic Effects and Economic Growth
The Samuelson Critique
Evidence for the Link Between Trade and Growth
Heckscher-Ohlin Theory
THE LEONTIEF PARADOX
The Product Life-Cycle Theory
PRODUCT LIFE-CYCLE THEORY IN THE TWENTY-FIRST CENTURY
New Trade Theory
INCREASING PRODUCT VARIETY AND REDUCING COSTS
ECONOMIES OF SCALE, FIRST-MOVER ADVANTAGES, AND THE PATTERN OF TRADE
IMPLICATIONS OF NEW TRADE THEORY
National Competitive Advantage: Porter’s Diamond
FACTOR ENDOWMENTS
DEMAND CONDITIONS
RELATED AND SUPPORTING INDUSTRIES
EVALUATING PORTER’S THEORY