国际经济学第三节.pptVIP

Carbaugh, Chap. 3 International EconomicsBy Robert J. Carbaugh9th Edition Chapter 3: International Equilibrium Indifference curves Final pattern of trade depends not just on supply, but also on demand - which is determined by income individual tastes Tastes can be shown graphically with indifference curves, which show the various combinations of two goods that give a consumer the same total level of satisfaction A consumer’s indifference map Indifference curves (cont’d) Indifference curves have a negative slope Keeping satisfaction constant means giving up some of one good for more of anoth