Tariffs
Link to packet HL Calculations packet
Benefits of international trade, including: increased competition, lower prices, greater choice, acquisition of resources, more foreign exchange earnings, access to larger markets, economies of scale, more efficient resource allocation, more efficient production
HL/SL packet HL only - Comparative Advantage
Goals of supply-side policies
Market based policies, including:
Supply side effects of fiscal policies Effectiveness of supply-side policies
Link to packet Link to Appendix 1/2 - for evaluation |