Mankiw经济学原理课件英文Chap03.pptVIP

Interdependence and the Gains from Trade Chapter 3 Interdependence and Trade Consider your typical day: You wake up to an alarm clock made in Korea. You pour yourself some orange juice made from oranges grown in Florida. You put on some clothes made of cotton grown in Georgia and sewn in factories in Thailand. You watch the morning news broadcast from New York on your TV made in Japan. You drive to class in a car made of parts manufactured in a half-dozen different countries. …and you haven’t been up for more than two hours yet! Interdependence and Trade Remember, economics is the