国际经济学 课件chap003.pptVIP

Chapter 3 Why Everybody Trades: Comparative Advantage and Factor Proportions Mercantilism Mercantilists view on Trade: The more gold and silver a nation had, the richer and more powerful it was. Thus, the government had to do all in its power to stimulate the nations exports and discourage and restrict imports (particularly the import of luxury consumption goods). Absolute Advantage When one nation is more efficient (AA over) than another in the production of one good but is less efficient than (absolute disadvantage with respect to) the other nation in producing other goods, then both natio