ch02overview.pptVIP

Chapter 2;Preview;Who Trades with Whom?;Fig. 2-1: Total U.S. Trade with Major Partners, 2006;Size Matters: The Gravity Model;Size Matters: The Gravity Model (cont.);Fig. 2-2: The Size of European Economies, and the Value of Their Trade with the United States;The Gravity Model;The Gravity Model (cont.);The Gravity Model (cont.);The Gravity Model (cont.);Distance and Borders;Distance and Borders (cont.);Distance and Borders (cont.);Fig. 2-3: Economic Size and Tradewith the United States;Distance and Borders (cont.);Fig. 2-4: Canadian Provinces and U.S. States That Trade with British Columbia;Table 2-3: Trade with British Columbia, as Percent of GDP, 1996;Has the World Become “Smaller”?;Has the World Become “Smaller”? (cont.);Has the World Become “Smaller”? (cont.);Fig. 2-5: The Rise, Fall, and Rise of International Trade Since 1830;Changing Composition of Trade;Fig. 2-6: The Composition of World Trade, 2005;Changing Composition of Trade (cont.);Table 2-4: Manufactured Goods as a Percent of Merchandise Trade;Changing Composition of Trade (cont.);Fig. 2-7: The Changing Composition of Developing-Country Exports;Service Outsourcing (cont.);Service Outsourcing (cont.);Fig. 2-8: Tradable Industries’ Share of Employment;Summary;Summary (cont.);Additional Chapter Art;Table 2-1 Hypothetical World Spending Shares and GDP ;Table 2-2 Values of Exports ($ trillion)