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Chapter 1

Introduction to International Trade

【Learning Objectives】
Knowledge Objectives:

1. Understand the concept and origin of international trade.

2. Know the theory of comparative advantage.

3. Know some basic forms of international trade.

Ability Objectives:

1. Master the definition of international trade.

2. Apply the theory of comparative advantage to trade practices.

3. Identify the visible goods and invisible goods. Ven/A2M7yzUfTcjGm8zXQRvUn0+EQLRNRKu0BbpW2r+RZ+ZZNhER73D+GB9RYiru

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