AFM333 Lecture Notes - Lecture 4: Competitive Advantage, Mercantilism, Comparative Advantage
Document Summary
By the time we get here (in-class) presentation must be submitted via dropbox. Comparative advantages the superior features of a country (advantages on the global stage) What is the government doing to set the direction, industrializing. Checklist from topics in outline and must be economically framed. Do not use country flag as background. Understanding trade theories: 5/6 have evolved overtime. Help understand the basic theories of trade. When ideas have sex (youtube video): matt ridley oxford professor, how ideas are created in combination with other ideas. Group work: groups will be assigned one of the theories of international trade, groups will discuss and be prepared to tell the class: Share your interpretations with each other: you have 10 minutes to prepare and 1 minute to present, note assigned groups may work together and have one or more spokespeople to present your answers in class.