Tiêu đề Nội dung ôn cô up LMS.docx ✅

1 MỤC LỤC Understand absolute advantage theory (A. Smith), comparative advantage theory (D. Ricardo), Hecksher – Ohline model; Understand how opportunity cost is related to comparative advantage. 3 1.1. Absolute advantage theory (trang 34) 3 Definition of Absolute advantage 3 llustration of Absolute Advantage (bài tập) → Xem mục 11.1 4 Hạn chế của Absolute advantage 4 1.2. Comparative advantage theory (trang 36) - How opportunity cost is related to comparative advantage? 4 Definition of the law of comparative advantage 4 Comparative Advantage and Opportunity Costs 5 Production Possibility Frontier (đường giới hạn khả năng sản xuất) 6 The Basis for and the Gains from Trade under Constant Costs 6 Bài tập → Xem ở 11.2 6 1.3. Tổng kết lại sự khác biệt 6 1.4. Hecksher – Ohline model (trang 131) 7 Understand import tariffs: c; the effect of a import tariff imposed by a small nation on domestic production, consumption, trade, and welfare. Evaluate the arguments in favour of trade restrictions. (trang 257) 9 2.1. Definition 9 2.2. Types of tariff 9 Định nghĩa & ví dụ 9 Công thức 10 2.3. Effect of a import tariff imposed by a small nation on domestic production, consumption, trade, and welfare 10 Bài tập → xem ở 11.3 11 2.4. Evaluate the arguments in favour of trade restrictions. 11 2.5. International Trade Policy 11 The Theory of Tariff Structure 11 Understand the similarities and differences between an import quota and an import tariff for the small country model. (trang 260) 13 Understand export subsidies and analyze welfare effects of export subsidies in a small economy. (trang 266) 13 4.1. Definition 13

3 10.10. The IS-LM-BP Model with Flexible Exchange Rates 33 10.11. Policy Mix and Internal and External Balance 34 10.12. Principle of Effective Market Classification in Policy Mix 35 10.13. Evaluation of the Policy Mix with Price Changes 35 10.14. How Policy Mix and the Four National Objectives 35 Exercise: Absolute advantage, comparative advantage and import tariff 36 11.1. Absolute advantage 36 11.2. Comparative advantage 37 11.3 Import tariff 41 Nội dung cần ôn 1. Understand absolute advantage theory (A. Smith), comparative advantage theory (D. Ricardo), Hecksher – Ohline model; Understand how opportunity cost is related to comparative advantage. 1.1. Absolute advantage theory (trang 34) Definition of Absolute advantage The greater efficiency that one nation may have over another in the production of a commodity