Talk:International trade

From Wikipedia, the free encyclopedia

This article is within the scope of the Economics WikiProject, an effort to create, expand, organize, and improve economics-related articles..
Start rated as start-Class on the assessment scale
High rated as high-importance on the importance scale

This article definetely needs some sort-of tidyup and re-edit. I know. This article is under heavy heaping

I am working on a heavy re-edit, any help would be apreciated. thanks Mgw 23:12, 25 Apr 2005 (UTC)

Contents

[edit] Question on accuracy

  • This is not completely true. UK, in its height observed mercantilist policy. Today, the highest tariff rates are found among the most industrialized nations. Both the United States and Japan rank among the highest in the list for tariffs in the following areas: textiles and apparel, and agricultural goods. Since developing nations most often have comparative advantage in those areas with protectionist policies, it is not surprising to see developing nations continuously redressing their grievances via World Trade Organization. Also not surprising to observe is that the citizens of United States were less eager than of Mexico to sign the NAFTA (North American Free Trade Agreement), largely due to Mexico's low wages, which leads to comparative advantage in labor intensive goods.

Not sure what user posted it but it doesn't belong in the article but in the talk pageFalphin 22:46, 28 Apr 2005 (UTC)

another intresting point is that tarrifs on tobaco, which is exported by LDCs, is 4% while tarrif on derived products, which MDCs produce, are around 40%. shows that WTO favours MDCs--GregLoutsenko 01:09, 23 Jun 2005 (UTC)


[edit] See Also section, purpose

I disagree with the recent elimination of the link, here, to the Bhagwati article. The reason given was,

"See also - This person is not relevant enough for this list, perhaps a list of thinkers or academics in the areas of trade would be a better category."

But that is the purpose of See Also, as I understand it: to suggest other paths a user might pursue, to broaden & deepen. The int trade article as it stands now is very good, but it is very limited: limited to people who both enjoy and are able to read generalities. It appeals mostly, I would guess, to people who already know a great deal about the economics of international trade.

The int trade subject covers more than just economics, though. It is a major political and social and cultural talking-point in all conversations now -- daily headlines, newsbites, etc. -- concerned very little with, and perhaps innocent of, economics. A Wikipedia user coming in from that non-econ perspective finds little of use in the current article, I think: references to "the Heckscher-Ohlin model" won't satisfy someone wildly excited about "outsourcing & offshoring & Enron & China", etc.

I don't think it's sufficient simply to drive people away from "international trade", and toward other less-academic sources which they might find here about their particular interest in the subject. I'd rather see a broader discussion, in the article, than currently is presented. At least, however, links to the other angles of the subject ought to be provided: "personalities" very much included, in this... People unfamiliar with international trade economic theory -- and that's most of us -- are able to grasp something unfamiliar, very often, by exploring its history or by seeing it through the eyes of personalities who popularize it. Viz. People Magazine, and television, and Time Magazine, and SciAm, and yes Wikipedia...

So let us have a list of "people who do international trade", and/or links to them, on this int trade page: Jagdish Bhagwati, certainly, and Amartya Sen and Stiglitz -- but also some non-economists -- Soros... If this article doesn't satisfy the average Wikipedia reader then no one will read it: and "the Heckscher-Ohlin model" doesn't satisfy -- dry as toast, that one.

My 25ยข...

--Kessler 00:59, 16 February 2006 (UTC)

[edit] Krugman models

He cut his teeth on Increasing Returns and Market Power models, because standard HOSV starts with Perfect Comp and Constant Returns to Scale. We need an article on these theories. John wesley 16:41, 6 May 2006 (UTC)

[edit] Import needs its own article

Currently, import redirects here. It should have its own article, just like export. Or possibly we should consider the creation of exports and imports article, like supply and demand?-- Piotr Konieczny aka Prokonsul Piotrus | talk  19:24, 1 September 2006 (UTC)

[edit] question

1) is there any thing called foreign indirect investmnts

2) Any information on the International Trade Theories of Absolute Advantage by Adam Smith.

[edit] Data

I'm trying to collect data on international trade. Since i'm brazilian, i was able to deal with the national system of data on trade. I'd be happy if you could help me, adding the websites of your own countries. --Luizabpr

[edit] Basic information needed

I added a stub tag to the "Overview" section, indicating a need for basic information about the international trade that is happening today. How much is traded overall? We have a list of top trading countries, but it would also be useful to have an overview of what gets traded where, for major industries. -- Beland (talk) 09:55, 13 April 2008 (UTC)