GINS 2010 Lecture 6: Lecture w 6 - feb 16 GINS 2010

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Lecture w - 6 (feb 16) gins 2010. Open book, do not have to cite. Classes 1 - 6: all chapters from gerber assigned and other reading (classes 2-6, make sure you understood 6 lectures given so far, and additional notes from discussion, format: small definitional questions ex. Longer questions = more complex concepts and give examples. Exam available monday 27th 8am to wednesday 1st 8am. C. a -> specialization leads to higher productivity. Specific factors - how much we can adjust requires active and thorough. Public health, infrastructure - if do nothing. Same thing for capital (is the case if open trade policy - for idea of free markets) Int. trade - can help exporters = can be powerful: ex. Taking companies that are selling in middle east and paying to show these products from companies: funded by the government using embassy"s in market. Defensive international trade policy: countries - trade policies.

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