© 2010 South-Western, a part of Cengage Learning, all rights reserved C H A P T E R 2010 update Application: International Trade M icroeconomics P R I.
International Trade Allowing Trade leads to an Efficiency Gain Restrictions on Trade create an Efficiency Loss.
Unit IV International Trade (Chapter 8). In this chapter, look for the answers to these questions: What determines how much of a good a country will import.