Microeconomics,, 16th Canadian Edition
- Public Versus Private Sector
- Scope of Government Activity
- Evolution of Policy
G. Summary
- 18.1 Taxation in Canada LO 1
- 18.2 Evaluating the Tax System LO 2, 3
- 18.3 Public Expenditure in Canada LO 4
- 18.4 Evaluating the Role of Government LO 5
H. Key Concepts
I. Study Exercises
- Fill-in-the-Blank
- Review
- Problems
- 32 The Gains from International Trade
A. Chapter Outline
B. Learning Objectives (LO)
C. 32.1 The Gains from Trade
- Interpersonal, Interregional, and International Trade
- Illustrating the Gains from Trade
a. Absolute Advantage
b. Comparative Advantage
c. Production Possibilities Boundaries
- The Gains from Trade with Variable Costs
a. Economies of Scale
b. Learning by Doing
- Sources of Comparative Advantage
a. Different Factor Endowments
