A concise introduction to the principles of world economics, Swap is an easy-to-understand resource for a general audience. This brief, practical volume covers the principles of specialization, comparative advantage, deficits, supply chains, labor and environmental standards, trade with the developing world, and more.
About the Author
Claude Barfield is a resident scholar the American Enterprise Institute.
Table of ContentsList of Illustrations
Chapter 1: Specialization and Trade
Chapter 2: Comparative Advantage
Chapter 3: The Impact on American Workers and the Economy
Chapter 4: Does Trade Help Our Trading Partners?
Chapter 5: Trade Deficits
Chapter 6: Trade Policies
Chapter 7: Not Your Father’s Trading System: Services, Investment, and the Role of Supply Chains
Chapter 8: The Institutions of Trade: International and National
Chapter 9: New Issues: Labor and Environmental Standards
Chapter 10: Challenges Ahead
About the Authors