Skip to main content Accessibility help
Internet Explorer 11 is being discontinued by Microsoft in August 2021. If you have difficulties viewing the site on Internet Explorer 11 we recommend using a different browser such as Microsoft Edge, Google Chrome, Apple Safari or Mozilla Firefox.
Home
> Subjects
> An Introduction to International Economics
> Absolute Advantage

An Introduction to International Economics New Perspectives on the World Economy

Prev

Chapter 2: Absolute Advantage

Next

Chapter 2: Absolute Advantage

pp. 27-43

Authors

Kenneth A. Reinert
, George Mason University, Virginia
Resources available Unlock the full potential of this textbook with additional resources. There are free resources and Instructor restricted resources available for this textbook. Explore resources
  • Add bookmark
  • Cite
  • Share

Summary

This chapter provides an introduction to international trade using the supply and demand framework and the concept of absolute advantage. It introduces the idea of mutual gains from trade. An appendix reviews supply and demand.

Keywords

  • International trade
  • absolute advantage
  • gains from trade

About the book

Access options

Review the options below to login to check your access.

Purchase options

eTextbook
US$77.00
Hardback
US$234.00
Paperback
US$77.00

Have an access code?

To redeem an access code, please log in with your personal login.

Log in

If you believe you should have access to this content, please contact your institutional librarian or consult our FAQ page for further information about accessing our content.

Also available to purchase from these educational ebook suppliers