A Decomposition of Ricardian Trade Gains
AbstractTeaching trade patterns and trade gains under the Ricardian trade model is one of the most difficult tasks for teachers of international economics. We propose that the utilization of both the PPF and a labor market graph makes the understanding of Ricardian trade gains much easier.
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Bibliographic InfoPaper provided by Graduate School of Economics, Kobe University in its series Discussion Papers with number 0922.
Date of creation: Mar 2010
Date of revision:
Trade Gains; Ricardian Trade Model; Graph of the Labor Market;
Other versions of this item:
- F10 - International Economics - - Trade - - - General
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- Maneschi, Andrea, 1998. "Comparative Advantage with and without Gains from Trade," Review of International Economics, Wiley Blackwell, vol. 6(1), pages 120-28, February.
- Krugman, Paul R, 1993. "What Do Undergrads Need to Know about Trade?," American Economic Review, American Economic Association, vol. 83(2), pages 23-26, May.
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