Protectionism
Trade Wars
Commercial Policies
Why a trade surplus is bad
Food Prices in Japan
WTO, GATT and Trade Disputes
Sample Test 1
Answers to Sample Test 1
Sample Test 2
Partial Answers to Sample Test 2
Absolute vs Comparative Advantage
Closed versus Open Economy + HW1
World Production Possibilty Curve
Offer Curves and Trade Equilibrium
Roman Emperors
Along the river (in Kaifeng) at the Qingming Festival
Spespcific Factor Model
Sericulture
Derivatives
Trading with Labor Abundant Countries
China Timeline through Pottery
Factor Price Equalization
Violations of assumptions
Stolper-Samuelson Theorem
Rybczynski Theorem
Heckscher-Ohlin Trade Theorem
Cobb-Douglas Example of the Heckscher-Ohlin Model
Developing Countries
Future
China's Vision
The House of Dancing Water, Macao
Shaolin Temple, Zhengzhou
A mural in Foguangshan Temple, Kaoshiung. (Zen Buddhism)
Mediterranean breakfast, Tel Aviv
School of Athens
Trajan's market (the first shopping mall)
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This symbol means the subject is an extra. It will not be on the exam. There is no need to print it.
Tsai Chih Chung's cartoons are reproduced here with express permission of Asiapac Books.
Kwan Choi at Richard Daley Center,
a cartoonist's sketch
This page is designed primarily for teaching purposes.
Office: 468J Heady Hall
Office Hours: (Questions on homework, exam, etc.) 3:30 - 5:00pm, Tu, Th
or contact kchoi@iastate.edu
Classroom: Carver 0305 (2:10 - 3:00pm, MWF)
Final exam (tentative): 12:00 - 2:00pm, May 2 (Tuesday).
Textbook (optional): International Economics: Theory and Policy
Paul Krugman and Maurice Obstfeld
Copyright 2017 by Kwan Choi. These notes may be freely redistributed in whole or part for any purpose. It may not be sold, or placed in something else for sale, without permission of the author. This guide is provided as is without any express or implied warranty.
Note
1. The Urantia Book (1955, p.556-7)
New counter, April 2008.
Red ( Beautiful) Square, Moscow (mos065)
Jagiellonian University, Krakow, Poland. The second oldest university in Europe (war080)
Pallace of Versaille, Gates of Honour (ver004), Treaty of Versailles planted the seed of WWII .
Annunciation Cathedral, Moscow (mos096)
Qianmen Street, Beijing (bei149), Arbeit Macht Frei ("work gives you freedom"), Auschwitz concentration camp (war041). Kaifeng (capital of Song Dynasty, China)
Hallelujah mountains (Avatar), Zhangjiajie, China
Yuyuan garden, Shanghai
Hermitage, St. Petersburg, Xiaoqi Plaza, Shanghai.
Peterhof (Peter's palace in Russia)
Grand Place, Brussels, Belgium (bel001)
donation of Shujing (Book of Documents), I Ching (Book of Changes) and Liji (Book of Rites) published in 1779 to City University of Hong Kong
