The Basics of International Trade: A Classroom Experiment
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References listed on IDEAS
- 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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More about this item
KeywordsAbsolute advantage; comparative advantage; specialization; production possibility frontier; gains from trade; utility maximization; general equilibrium; classroom experiments;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2006-04-01 (All new papers)
- NEP-EXP-2006-04-01 (Experimental Economics)
- NEP-INT-2006-04-01 (International Trade)
- NEP-UPT-2006-04-01 (Utility Models & Prospect Theory)
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