Ms Motilal Padampat Sugar Mills vs. State of Uttar Pradesh & Ors. - A Milesto...
Ppt ch03
1. Chapter 3: International Trade Theory US EU Australia China TRADE THEORY Comparative advantage New Trade Theory 3 -1 Absolute advantage PORTER’S DIAMOND FACTOR ENDOWMENTS
9. The Theory of Comp arative Advantage and the Gains from Trade Cheese (tonnes) Cloth (bolts) Production and Consumption without Trade Australia 125 60 U.K. 40 60 Total production 165 12 0 Production with Trade Specialization Australia 200 - U.K - 120 Total production 200 120 Consumption after U.K. Trades 60Bolts of C loth for 60 tons of Australian Cheese Australia 140 60 U.K. 60 60 Increase in Consumption as a Result of Specialization and Trade Australia 15 0 U.K 20 0 3 - 9 Total consumption 35 0
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17. Determinants of National Competitive Advantage Firm Strategy Structure, and Rivalry Related and Supporting Industries Demand Conditions Factor Endowments Government Chance 3 -1 7