[經(jīng)濟(jì)學(xué)]曼昆經(jīng)濟(jì)學(xué)原理chapter-資料下載頁
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【正文】 –Total production in economy rises ? Increase in the size of the economic pie ? Everyone – better off 13 169。 2022 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a passwordprotected website for classroom use. Comparative Advantage ? Trade can benefit everyone in society –Allows people to specialize ? The price of trade –Must lie between the two opportunity costs ? Principle of parative advantage explains: –Interdependence –Gains from trade 14 169。 2022 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a passwordprotected website for classroom use. Applications of Comparative Advantage ? Should the . trade with other countries? – and Japan ? Each produces food and cars ? One American worker, one month – One car, or – Two tons of food ? One Japanese worker, one month – One car – One ton of food 15 169。 2022 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a passwordprotected website for classroom use. Applications of Comparative Advantage ? Principle of parative advantage –Each good – produced by the country with the smaller opportunity cost of producing that good ? Specialization and trade –All countries have more food and more cars 16 169。 2022 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a passwordprotected website for classroom use.
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