Random Fact

China's real GDP rose by 7.4% in 2014. It rose by 7.7% in 2013 and 2012 (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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