Random Fact

In 2015, Malaysia had a population of 30.5 million people, a labor force of 14.1 million people, and an unemployment rate of 2.9%. Its 2014 per capita GDP was $24,500, and real GDP growth rate was 5.9% (CIA World Fact Book).

Unit 10: International Trade

Introduction
Section 1: The Case for Free Trade: The Law of Absolute Advantages
Section 2: The Case for Free Trade: The Law of Comparative Advantages
Section 3: Tariffs, Quotas and Other Trade Restrictions
Section 4: Protectionist Arguments and Rebuttals
Section 5: The United States and its Role in International Trade
Section 6: Less-Developed Countries
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