Contemporary Trade Theory

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Abstract
Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01
Description
In this video, Professor Moran presents what contemporary trade theory says about competition and comparative advantage. His lecture helps us examine the following key question: What do newer trade theories of trade and investment tell us about whether or not globalization is a zero-sum game for developed and developing countries?
 
Learning Objective: Differentiate between absolute advantage and comparative advantage in the contemporary era.
 
Learning Objective: Determine what traditional theories of comparative advantage and newer theories of trade-and-investment tell us about whether globalization is a zero-sum phenomenon between developing and developed countries.
 
Learning Objective: Articulate the elements of classic and modern trade theories, including comparative advantage, absolute advantage, opportunity cost, and intra-industry trade with product differentiation.
 
GU. Learning: Determine what traditional theories of comparative advantage and newer theories of trade-and-investment tell us about whether globalization is a zero-sum phenomenon between developing and developed countries.
 
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Date
2013-09-18
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WEEK 2 - Supply Chains, Trade and Investment
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