Random Fact

From 1979 to 2010, on an inflation-adjusted basis, earnings for women with a college degree have increased by 33 percent, while those of male college graduates have risen by 20 percent (http://www.bls.gov/opub/ted/2011/ted_20110722.htm). 

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
Test Your Knowledge!