Chapter 2 Comparative Advantage.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall 2 – * C h a p t e r 2 To accompany International Economics, 3e by Sawyer/Sprinkle PowerPoint slides created by Jeff Heyl Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall Why Countries Trade CHAPTER ORGANIZATION Introduction International Trade Versus Interregional Trade Trade in an Individual Product Trade Based on Absolute Advantage Trade Based on Comparative Advantage Trade Based on Opportunity Costs Dynamic Gains from Trade Summary INTRODU