Saturday, March 12, 2011

SPECIALIZE & TRADE!

SPECIALIZE & TRADE!

Application - Gains from Specialization and Trade

Application - Gains from Specialization and Trade

Through specialization and trade, both countries gain (bottom panel).

Through specialization and trade, both countries gain (bottom panel).

 fine-grained nature of international specialization and trade.

fine-grained nature of international specialization and trade.

 of growth and macro-linkages between trade specialization and growth.

of growth and macro-linkages between trade specialization and growth.

 the archaeological locations of craft specialization and trade,

the archaeological locations of craft specialization and trade,

 2007, "Measuring the Vertical Specialization in Chinese Trade" [pdf].

2007, "Measuring the Vertical Specialization in Chinese Trade" [pdf].

Trade, Transportation and Geographic Specialization

Trade, Transportation and Geographic Specialization

Specialization increases the benefits from trade.

Specialization increases the benefits from trade.

 Specialization and Trade in British Families by Wendy Sigle-Rushton

Specialization and Trade in British Families by Wendy Sigle-Rushton

Question by Eco G: Advantages to an economy following specialization and trade under the concept of comparative advantage?

Question by Eco G: Advantages to an economy following specialization and trade under the concept of comparative advantage?

Vertical specialization. Intra-industry trade is also booming.

Vertical specialization. Intra-industry trade is also booming.

Consumption Versus Investment Trade-Off

Consumption Versus Investment Trade-Off

Trade Badges indicate the specialization or trade of a sailor.

Trade Badges indicate the specialization or trade of a sailor.

 and a high degree of trade specialization. Recreation was important.

and a high degree of trade specialization. Recreation was important.

 THE GAIN FROM SPECIALIZATION AND TRADE WOULD BE:

THE GAIN FROM SPECIALIZATION AND TRADE WOULD BE:

Using a PPF to Illustrate the Benefits of Specialization and Trade

Using a PPF to Illustrate the Benefits of Specialization and Trade

 developing patterns of sustainable specialization and trade – and hence

developing patterns of sustainable specialization and trade – and hence

Specialization of Trade:Tobacco, rice, cotton, indigo, forest products

Specialization of Trade:Tobacco, rice, cotton, indigo, forest products

 pattern of specialization and trade arising between countries exhibiting

pattern of specialization and trade arising between countries exhibiting

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