International Trade Chapter 1 Trade in the Global Economy

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International Trade Chapter 1 Trade in the Global Economy Robert C. Feenstra and Alan M. Taylor International Trade Second Edition Chapter 1 Trade in the Global Economy Copyright © 2011 by Worth Publishers

Figure 1. 1 The Changing Face of U. S Figure 1.1 The Changing Face of U.S. Import and Export Industries, 1925–2009 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1. 1 (a) The Changing Face of U. S Figure 1.1 (a) The Changing Face of U.S. Import and Export Industries, 1925–2009 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1. 1 (b) The Changing Face of U. S Figure 1.1 (b) The Changing Face of U.S. Import and Export Industries, 1925–2009 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.2 World Trade in Goods, 2006 ($ billions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Table 1.1 Shares of World Trade, Accounted for by Selected Regions, 2006 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Table 1.2 Trade/GDP Ratio in 2008 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.3 Trade in Goods and Services Relative to GDP Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.4 Average Worldwide Tariffs, 1860–2000 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.5 Change in the Value of Trade, 2007–2009 (percent) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.6 Foreign-Born Migrants, 2005 (millions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

Figure 1.7 Stock of Foreign Direct Investment, 2006 ($ billions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers