chapter 1 an introduction to the world economy and trade 1.1 the development situation 1.1.1 world trade volumes and world trade ition 1.1.1.1 world trade volumes 1.1.1.2 the world trade ition 1.1.2 main trade participants 1.1.2.1 total goods and services imports and exports 1.1.2.2 goods and services imports and goods and services exports 1.1.3 trade situation in china and the u.s. 1.1.3.1 foreign trade in china 1.1.3.2 foreign trade in the u.s. 1.2 features of world economy and trade 1.2.1 the growth of world economy and trade have been slowing down 1.2.2 trade participants differentiated significantly 1.2.3 more high-tech products and information products are traded 1.2.4 the global value chain is under reconstruction; the cross-border e-merce is growing rapidly 1.2.5 the trade protectionism has been rising 1.2.6 developing and middle-ine countries have been increasingly active part i international trade theory chapter 2 mercantilism, the theory of absolute advantage, and the theo- ry of parative advantage 2.1 mercantilism 2.1.1 main thoughts of mercantilism 2.1.2 main policies of mercantilism 2.1.3 limitations of mercantilism rea 2.1 2.2 the theory of absolute advantage 2.2.1 basic assumptions 2.2.2 absolute advantage 2.2.3 the theory of absolute advantage 2.2.4 limitations of the theory of absolute advantage rea 2.2 2.3 the theory of parative advantage 2.3.1 basic assumptions 2.3.2 opportunity cost 2.3.3 parative advantage 2.3.4 theory of parative advantage 2.3.5 limitations of the theory of parative advantage rea 2.3 2.4 determining the relative price with free trade rea 2.4 chapter 3 the standard trade model 3.1 production sibility frontier (ppf) part ii international trade policy ……
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