Ch. 9 - International TradeWorksheetSee all chapters
All Chapters
Ch. 1 - Introduction to Microeconomics
Ch. 2 - Introductory Economic Models
Ch. 3 - Supply and Demand
Ch. 4 - Elasticity
Ch. 5 - Consumer and Producer Surplus; Price Ceilings and Floors
Ch. 6 - Introduction to Taxes and Subsidies
Ch. 7 - Externalities
Ch. 8 - The Types of Goods
Ch. 9 - International Trade
Ch. 10 - The Costs of Production
Ch. 11 - Perfect Competition
Ch. 12 - Monopoly
Ch. 13 - Monopolistic Competition
Ch. 14 - Oligopoly
Ch. 15 - Markets for the Factors of Production
Ch. 16 - Income Inequality and Poverty
Ch. 17 - Asymmetric Information, Voting, and Public Choice
Ch. 18 - Consumer Choice and Behavioral Economics
Exporting and Importing
Sources of Comparative Advantage
Tariffs on Imports
Import Quotas and VERs
Arguments Against International Trade
Taxes and trade, together at last.

Concept #1: Tariffs on Imports

Practice: If a nation imposes a tariff on an imported good, it will increase

Practice: Which of the following trade policies would benefit domestic producers, hurt domestic consumers, and increase the amount of trade?

Practice: A tariff on imports benefits domestic producers because