Bài giảng có ích cho việc học tại trường

Benefits of International trade

- Open doors to new entrepreneurial opportunity across nations

- Provide a country’s people with greater choice of goods and services

- An important engine for job creation in many countries

* 1985: Centrally planning economy

* 1986: “Đổi mới” policy

Theories of International Trade

Mercantilism (Thuyết trọng thương): A trade theory which holds that a government can improve the economic well-being of the country by encouraging exports and stifling imports to accumulate wealth in the form of precious metals

Neo-mercantilism: A trade theory which holds that a government can improve the economic well-being of the country by encouraging exports and stifling imports

-> Quỹ dự trữ vàng, Quỹ dự trữ ngoại hối

Theory of absolute advantage: A trade theory which holds that nations can increase their economic well-being by specialising in goods that they can produce more efficiently than anyone else

Theory of comparative advantage: A trade theory which holds that nations should produce those goods for which they have the greatest relative advantage

Divisional labour: phân công lao động -> specialization: chuyên môn hóa

Economies of scale: hiệu quả kinh tế theo quy mô