Lesson 5 of 14 • 10 upvotes • 14:45mins
The lesson talks about the type of Tariff and why are they imposed. What is the effect of tariff when imposed by a small country. This is explain with partial equilibrium approach
14 lessons • 2h 55m
Syllabus and Strategy Economics mains. Paper-1.
Law of Comparitive Advantage and Absolute Advantage
Current International Economic Problems and Challenges
Comparitive Advantage & Opportunity Cost : Haberler
Trade Restrictions (Tariff) and Partial Equilibrium Analysis
Stopler Samuelson Theorem and General Equilibrium Analysis of Tarrif
Non tariff trade barriers and New Protectionism.
World Trade organization
Heckscher ohlin theory (H-O Theory)
H-O-S Theory. Factor Price equalization theorem.
Uruguay Round : Objectives and outcome
Economic Integration: Custom Unions
Trade creating effects of custom union
Trade diverting effect of Custom Union.