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Traditional Trade Theories
Lesson 6 of 12 • 4 upvotes • 11:19mins
Neha Arora
This topic talks about the traditional theories of trade. The oldest theory of trade i.e. Mercantilism followed by theory of Absolute Advantage and Comparative Advantage which focused on one factor of production (Labour) and lastly Factor Proportion theory
Complete Syllabus of International Business: NTA-UGC NET
12 lessons • 2h 5m
1
Course Overview
2:54mins
2
International Business and Globalisation
12:19mins
3
Global Business Environment
8:44mins
4
Contractual Modes of Entry
8:05mins
5
Investment Related Modes of Entry
9:08mins
6
Traditional Trade Theories
11:19mins
7
Modern theories of Trade
7:42mins
8
Tariff and Non-Tariff barriers
14:29mins
9
Balance of Payments
13:42mins
10
Regional Economic Integration
12:30mins
11
Foreign Direct Investment
14:05mins
12
World Trade Organization
10:39mins
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