Explaining Trade Theories – Comparative Advantage and “When Ideas have Sex”

In an Introduction to International Business course one of the biggest content based challenges is the task of covering Trade Theories in an coherent and accessible way.  Two suggestions come to mind:

  1. Have the students view Matt Ridley’d TED.com video “When ideas have sex.”  I promise you they will watch it because the title will intrigue them and they will never see Ricardo the same way again – and neither will you!
  2. Look at the chapter on trade theories in “International Business” by Ricky Griffin & Michael Pustay (Pearson).  This is a creative and sophisticated approach without requiring a complete understanding of economic theory.

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