International Trade (Audio)
Summary: This is the audio from the Marginal Revolution University video course on International Trade taught by economists Tyler Cowen and Alex Tabarrok. This course takes a look at the basic theories of international trade and the consequences of trade in today's global economy. You'll learn about fundamental ideas such as comparative advantage, increasing returns to scale, factor endowments, and arbitrage across borders. These ideas are then applied to real-world issues, such as the effects of offshoring and how trade has shaped the economies of China, Mexico, and South Korea. Interested in learning more econ? Visit mruniversity.com
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- Artist: Marginal Revolution University
- Copyright: Copyright 2013 Tyler Cowen and Alex Tabarrok. All rights reserved.
Podcasts:
How do politics shape international trade and how does the regulation of trade often run askew? What is the history of attempts to regulate trade? And what do we know about such famous trade episodes as the Smoot-Hawley tariff and its role in the Great Depression?
How do politics shape international trade and how does the regulation of trade often run askew? What is the history of attempts to regulate trade? And what do we know about such famous trade episodes as the Smoot-Hawley tariff and its role in the Great Depression?
How do politics shape international trade and how does the regulation of trade often run askew? What is the history of attempts to regulate trade? And what do we know about such famous trade episodes as the Smoot-Hawley tariff and its role in the Great Depression?
We present some of the core microeconomic arguments on terms of trade, how tariffs effect terms of trade, and some of the core analyses of tariffs and their effects on markets. These materials are fundamental for understanding the basics of international trade theory.
We present some of the core microeconomic arguments on terms of trade, how tariffs effect terms of trade, and some of the core analyses of tariffs and their effects on markets. These materials are fundamental for understanding the basics of international trade theory.
We present some of the core microeconomic arguments on terms of trade, how tariffs effect terms of trade, and some of the core analyses of tariffs and their effects on markets. These materials are fundamental for understanding the basics of international trade theory.
We start with comparative advantage, which is perhaps the most fundamental idea behind international trade. The first segment of the course also considers how trade brings more product variety, and why countries which are closer to each other find it easier to trade and thus trade more. This set of videos lays the foundations for what is to follow.
We start with comparative advantage, which is perhaps the most fundamental idea behind international trade. The first segment of the course also considers how trade brings more product variety, and why countries which are closer to each other find it easier to trade and thus trade more. This set of videos lays the foundations for what is to follow.
We start with comparative advantage, which is perhaps the most fundamental idea behind international trade. The first segment of the course also considers how trade brings more product variety, and why countries which are closer to each other find it easier to trade and thus trade more. This set of videos lays the foundations for what is to follow.