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Lecture

IS 101 Lecture Notes - Comparative Advantage, Quiz, General Agreement On Tariffs And Trade


Department
International Studies
Course Code
IS 101
Professor
Omar Nunez Mendez

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IS 101 Tutorial
Day 1
Kelly Masson
kmasson@sfu.ca
AQ 6200
Hours 130-200
Midterm: week 5 and week 9
POP QUIZES
Why are some countries poor/rich?
Population
Geography!
Natural resources- workable land animals
Trade
Political Cooperation
Political System
Resources
Technology
Day 2
Tuseday
September 20
Countries are tending to trade with closer countries as opposed to further
countries
1. classical
- comparative advantage
- divition of labour
- friendship
- $
- comparative advantage over other countries
2. Economies of scale, networking, clusters
- gives you more goods
- example of cluster in Vancouver is the film industry
-
Day 3
Septemer 27
Tuseday
POP QUIZ!
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