ECO 365 Week 2 participation Principles of Microeconomics, Ch. 9: Application: International Trade

Read Ch. 9 of Principles of Microeconomics:

• 9-2 The Winners and Losers from Trade, pp. 174-182 

Consider the following as you read:

1. Consider how international trade affect economic well-being.
2. Consider who gains and who loses from free trade among countries, and how do the gains compare to the losses