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|The Ricardian Model
Absolute versus Comparative Advantage
Closed versus Open Economy
World Production Possibilty Curve
Offer Curves and Trade Equilibrium
|Balance of Payments
Historic Coins of the World
|Specific Factors Model
|Macroeconomic Policies in an Open Economy
Internal and External Balance
Effectiveness of Monetary and Fiscal Policies
Trading with Labor Abundant Countries
|The Evolution of International Monetary System
(a) Gold Standard
(b) Bretton Woods
(c) Contemporary Monetary System
|Sample Test 1
Answers to Sample Test 1
Professor E. Kwan Choi
Department of Economics
Iowa State University
Ames, IA 50011
This page is designed primarily for teaching purposes. If you have suggestions on how to improve this site, or contributions to make, please contact Kwan Choi.