Chapter Organization Introduction Economies of Scale and International Trade: An Overview Economies of Scale and Market Structure The Theory of Imperfect Competition Monopolistic Competition and Trade Dumping The Theory of External Economies External Economies and International Trade Summary
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Chapter Organization Introduction A Standard Model of Trading Economy International Transfers of Income: Shifting the RD Curve Tariffs and Export Subsidies: Simultaneous Shifts in RS and RD Summary Appendix: Representing International Equilibrium with Offer Curves Copyright2003 Pearson Education,inc
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Chapter Organization Introduction A Model of a Two-Factor Economy Effects of International Trade between Two-Factor Economies Empirical evidence on the Heckscher-Ohlin Model Summary Appendix: Factor Prices, Goods Prices, and Input Choices
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The Relationship betweenTotal Cost and Marginal Cost
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Marginal Product Is Derivedfrom Total Product
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Indifference Curves for a Pair of Goods
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The Law of Diminishing Marginal Utility
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Elastic Demand Shows Large￾Quantity Response to Price Change
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Gasoline Prices Move with Demand and Supply Changes
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The Market System Relies on Supply and Demand to Solve the Trio of Economic Problems
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