国际经济学Chapter 5 _原创精品文档.pdfVIP

CHAPTER5

TheStandardTradeModel

*Thedifferencesandcommonfeaturesofthethreemodels

developedinpreviouschapter.

·Differences

ModelMeritDefect

Technology

TheRicardianmodelIncomedistribution

(tradepattern)

TheSpecificfactor

IncomedistributionTradepattern

model

Resources

TheH-OmodelTechnology

(tradepattern)

·Commonfeatures

(1)differentPPF

(2)differentPPFdifferentRS

(3)differentRSdifferentP/Ptrade

CF

*Amoregeneraltrademodel:themodelswehavestudiedmaybe

viewedasspecialcases.

·DifferentPPF?

(1)Home’srelativelaborproductivityofclothishigherthan

Foreign’s

or(2)Q=Q(K,L),Q=Q(T,L).Homehasmorecapitalwhile

CCCFFF

Foreignhasmoreland.

or(3)Homeislabor-abundantandclothislabor-intensive,while…

·DifferentPc/P?

F

AtanygivenPc/P,(Q/Q)(Q*/Q*),RSliestotherightofRS*,

FCFCF

thatis(P/P)(P/P)

CFHCFF

。

§1.AStandardModelofaTradingEconomy

Thestandardtrademodelderivesaworldrelativesupplycurvefrom

productionpossibilitiesandaworldrelativedemandcurvefrom

preferences.

1.Productionpossibilitiesandrelativesupply

AtanygivenP/P,everycountrywillmaximizethevalueofoutput.

CF

TheproductionpointiswherethePPFistangenttothehighest

reachableisovalueline.

isovalueline: