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Mindmap

Chapter 6 - Trade Theory

Jodie Arnold Business/Economics Englisch

Inhalt der Mindmap

Chapter 6 - Trade Theory

  1. Nation level Explanations

    • Contemporary Theories
      • National industrial Policy
      • New Trade Theory
        • Economies of scale
      • Porter's Diamond Model
        • factor endowments
        • demand conditions
        • firm structure and strategy rilvary
        • related supporting industries
      • Competitive advantage of nations
    • Classical Theories
      • Mercantilism
        • Country Surplus - zero sum game
      • Absolute advantage principle
        • Adam Smith - specialise in what they are efficient in
      • Comparative Advantage principle
        • Riccardo- opportunity cost
      • Factor proportions theory
        • Heckscher-Ohlin
        • Leontief Paradox
      • International Product Cycle Theory
        • 3 stages, new product, maturing and standardised
  2. Firm level explanations

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Beschreibung
Comparative Advantage Absolute Advantage Porter's Diamond New Trade Theory Competitive advantage of nations
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Jodie Arnold
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