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Principles of Macroeconomics 2e
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CC BY
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Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.

Subject:
Economics
Material Type:
Full Course
Provider:
Rice University
Provider Set:
OpenStax College
Date Added:
06/29/2017
Principles of Macroeconomics 2e, Globalization and Protectionism, Arguments in Support of Restricting Imports
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain and analyze various arguments that are in support of restricting imports, including the infant industry argument, the anti-dumping argument, the environmental protection argument, the unsafe consumer products argument, and the national interest argument
Explain dumping and race to the bottom
Evaluate the significance of countries’ perceptions on the benefits of growing trade

Material Type:
Module
Date Added:
09/20/2018
Principles of Macroeconomics 2e, Globalization and Protectionism, How Governments Enact Trade Policy: Globally, Regionally, and Nationally
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain the origin and role of the World Trade Organization (WTO) and General Agreement on Tariffs and Trade (GATT)
Discuss the significance and provide examples of regional trading agreements
Analyze trade policy at the national level
Evaluate long-term trends in barriers to trade

Material Type:
Module
Date Added:
09/20/2018
Principles of Macroeconomics 2e, Globalization and Protectionism, Protectionism: An Indirect Subsidy from Consumers to Producers
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain protectionism and its three main forms
Analyze protectionism through concepts of demand and supply, noting its effects on equilibrium
Calculate the effects of trade barriers

Material Type:
Module
Date Added:
09/20/2018