Theories and Policies (国际贸易理论与政策).DOC

　Chap 4. International Trade: Theories and Policies (国际贸易理论与政策) Learning Objectives: (课堂教学目标) Review different theories that explain trade flows between nations; Learn Competitive Advantage Theory Review the various policy instruments used to restrict imports and promote the exports; Understand the implications that the International trade theories and the policies hold for business practice. Content and Schedule : (本章主要内容与学时计划) Review Different theories that explain trade flows between nations; 15’ Competitive Advantage Theory 20 ’ Review the various policy instruments used to restrict imports and promote the exports; (Students’ self-study) The implications that the International trade theories and the policies hold for business practice. 10’ Special Attention(重点与难点) 重点: Competitive Advantage Theory 难点: The implications that the International trade theories and the policies hold for business practice. Teaching Design (主要教学方法) Instructing Students’ self-study 4.1 International Trade Theory Mercantilism Absolute Advantage Theory Comparative Theory H-O Theory The Product Life-Cycle Theory The New Trade Theory Nation抯 Competitive Advantage i 4.2 National Competitive Advantage In 1990, Michael Porter of the Harvard Business School , The Competitive Advantage of Nations The essential task was to explain why a nation achieves international success in a particular industry.(Japan抯 automobile industry,Switzerland抯 precision instruments,Germany and the United States chemical industry) Four broad attributes of a nation shape the environment Factor endowments Basic factor Advanced factor relationship Demand conditions Are domestic consumers sophisticated or demanding? Relating and supporting industries Spillover effects from investment in advanced factor of production in relating and supporting industries Firm strategy, structure, and rivalry different management ideology; Vigorous domestic rivalry may result persistent competitive advantage Two additional