Chapter 2: Make sure you understand the
following topics and can answer the related
questions. If not, ask me your questions
•What are the similarities and the differences
between international and interregional trade?
•Make sure you understand Figure 2.1 and the
discussion that goes along with it
– What are the main points of this discussion?
–Why do the two nations trade?
–How does the trade affect the price in each country?
–Is everyone better off?
– What is the effect of trade
Docsity.com
