ECO 358 International Economics Professor Malamud BEH 502 895 – 3294 Fax: 895 – 1354 Website:

Slides:

Advertisements

Similar presentations

Copyright ©2004, South-Western College Publishing International Economics By Robert J. Carbaugh 9th Edition Chapter 1: The International Economy.

Advertisements

Global Analysis International Trade.

Unit 13 International Marketing

Trade Issues If one country gains, must the other lose? Think comparative advantage. Do imports reduce employment? Do tariffs/quotas/restrictions save.

Herbert Grubel Professor of Economics (Emeritus), Simon Fraser University Senior Fellow, The Fraser Institute Presentation at the III Astana Economic Forum,

The poverty trap (cycle) and how to break it

Robert E. Scott Director of Trade and Manufacturing Policy Research Economic Policy Institute TRADE, JOBS AND U.S. MANUFACTURING The Effects of U.S. Trade.

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – Website:

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – – Website:

1 BA 187 – International Trade Krugman & Obstfeld, Chapter 7 International Factor Movements.

The Balance of Payments: Linking the United States to the International Economy The Current Account Trade Flows for the United States and Japan, 2006.

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – Website:

International Financial Management: INBU 4200 Fall Semester 2004 Lecture 5: Part 2 Balance of Payments (Chapter 3)

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – Website:

INTERNATIONAL ECONOMICS. INTERNATIONAL TRADE BASIC FACTS.

Globalization and its effects on developing world.

EXCHANGE RATES, THE BALANCE OF PAYMENTS, AND TRADE DEFICITS 38 C H A P T E R.

 All commercial transactions between two or more countries.

The United States and the Global Economy COI1 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the.

1 ECONOMICS 3150M Winter 2014 Professor Lazar Office: N205J, Schulich

Warm-up 1.What is the opportunity cost for Egypt to produce 1 bushel of corn? Cotton? 2.Same for Venezuela? 3.Who should specialize in corn? Why? 4.Who.

6 - 1 Copyright McGraw-Hill/Irwin, 2005 International Linkages The United States and World Trade Rapid Trade Growth Specialization & Comparative Advantage.

Copyright ©2002, South-Western College Publishing International Economics By Robert J. Carbaugh 8th Edition Chapter 1: The International Economy.

1 Chapter 9 part 1 International Trade These slides supplement the textbook, but should not replace reading the textbook.

East Asian Crisis of Prior to mid-1997, the economies of Thailand, Indonesia, Malaysia, the Philippines, Hong Kong, Singapore and South Korea were.

The United States and the Global Economy

Glossary of Key Terms balance of payments. An account of the flow of goods, services, and money coming into and going out of the country. capital. Money.

The United States & The Global Economy Chapter 6.

The Multilateral Trade System Lecture 17. Snapshot of U.S. Trade How Much? 1998: $1,587.4 Billion Imports and Exports of Goods and Services 1998 GDP $8,760.0.

The United States & the Global Economy Chapter 5 Eco 2013 Fall 2007 Maria C Mari, CPA.

International Trade. Balance of Payments The Balance of Payments is a record of a country’s transactions with the rest of the world. The B of P consists.

Recovery of Developed countries and its impacts on BRICS countries Song Hong Institute of World Economics and Politics( IWEP), Chinese Academy of Social.

Chapter 6: The United States in the Global Economy

Import & Export Basics Memory Reed Harris County High School June 2008.

Comparative & Absolute Advantage Exchange Rates Trade Deficits & Surpluses Strong vs. Weak Dollar Trade Barriers

AN OVERVIEW OF INTERNATIONAL BUSINESS. CHAPTER 1: AN OVERVIEW OF INTERNATIONAL BUSINESS To understand the meaning of international business and look at.

International Trade CHAPTER 18

Copyright 2008 The McGraw-Hill Companies 5-1 International Linkages United States and World Trade Specialization and Comparative Advantage The Foreign.

Globalisation and Multinational Business. Globalisation: Setting the Scene Current issues in the global economy Defining globalisation –global economic.

Why Are Some Nations Wealthy?

Warm-up 1.What is the opportunity cost for Egypt to produce 1 bushel of corn? Cotton? 2.Same for Venezuela? 3.Who should specialize in corn? Why? 4.Who.

Global Top-20Politica Measures of Globalization Political Engagement Technology Personal Contact Economic Integration.

International Business 9e By Charles W.L. Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

Unit 15 Why Nations Trade.. Section 1-4 Why Nations Trade In a recent year, about 8 percent of all the goods produced in the United States were exported,

Copyright ©2000, South-Western College Publishing International Economics By Robert J. Carbaugh 7th Edition Chapter 1: The international economy.

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – Website:

Chapter 26- Comparing Economic Systems. Why Nations Trade Exported goods are sold to other countries; imported goods are purchased from abroad; the US.

1 International Trade and Finance of Thailand (Part 1)

COUNTRY RISK ASSESSMENT China & Japan Eliza Bogucka Magdalena Mirek Dominika Dunin - Szpotańska.

COUNTRY RISK ASSESSMENT China & Japan Eliza Bogucka Magdalena Mirek Dominika Dunin - Szpotańska.

Balance of Payments. What is it?  A record of all financial dealings between economic agents of one country and the rest of the world.

Balance of Payments. Definition  A record of all transactions leading to international trade.

Copyright ©2005, Thomson/South-Western International Economics By Robert J. Carbaugh 10th Edition Chapter 1: The International Economy and Globalization.

International Trade and Finance Dr. Dnyandev C. Talule Professor of Economics Yashwantrao Chavan Academy of Development Administration

International business refers to business activities that involve the transfer of resources, goods, services, knowledge, skills or information across national.

Chapter 5 The U. S. & the Global Economy

International Economics By Robert J. Carbaugh 9th Edition

Key terms Foreign direct investment: When a corporation headquartered in one nation invests in a corporation located in another nation either by purchasing.

Balance of Payments.

THE BALANCE OF PAYMENTS,

Revision Theme 4 Topic 4.1 International economics

International Economics By Robert J. Carbaugh 9th Edition

International Factor Movements

International Economics

7.5 Analyze the economic indicators of the business cycle

Import & Export Basics Memory Reed Harris County High School June 2008.

5 The United States and the Global Economy.

5 The United States and the Global Economy.

The United States in the Global Economy

Chapter 1: Introduction

Presentation transcript:

ECO 358 International Economics Professor Malamud BEH – 3294 Fax: 895 – Website:

International Economics: The Way the World Works Objectives: Facts: the world’s economies and relations between them Principles: Trade flows Capital flows Currency exchange rates Advantages and disadvantages of fixed and floating rates Issues: Globalization: The World is Flat !?! Protection Rebalancing

International Interdependencies Trade : goods, services, raw materials, energy Finance : exchange rates, foreign debt, foreign investment (fdi and portfolio investment) Business : multinational enterprises, global production Migration : flows of skilled workers, unskilled workers, family members

Trade in goods and services (percent of gdp) Country % of GDP, 2002 % of GDP, 2006 Exports Imports Exports Imports Netherlands Canada Germany South Korea Norway France United Kingdom United States Japan

Global Growth and Well-being

Trade Issues If one country gains, must the other lose? Think comparative advantage. Do imports reduce employment? Do tariffs/quotas/restrictions save jobs? When might they? Should weak domestic industries be subsidized? Is a trade deficit “bad”? Is a surplus “good”? Does “fair trade” mean that our exports to a country will equal our imports from it?