A Decomposition of Ricardian Trade Gains
Teaching 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.
|Date of creation:||Mar 2010|
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|Contact details of provider:|| Web page: http://www.econ.kobe-u.ac.jp|
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- Andrea Maneschi, 1998. "Comparative Advantage in International Trade," Books, Edward Elgar Publishing, number 856.
- Richard Arena, 2002. "Introduction," Revue d'économie politique, Dalloz, vol. 112(5), pages 627-633.
- Maneschi, Andrea, 1998. "Comparative Advantage with and without Gains from Trade," Review of International Economics, Wiley Blackwell, vol. 6(1), pages 120-28, February.
- Ronald W. Jones, 1995. "The Discipline of International Trade," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 131(III), pages 273-288, September.
- Jones, Ronald W., 2010. "Art works in international trade theory," International Review of Economics & Finance, Elsevier, vol. 19(1), pages 64-74, January.
- 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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