1. I NTERNATIONAL T RADE

4. T HE G ROWING I MPORTANCE OF I NTERNATIONAL T RADE

5. Saudi Arabia Oil Taiwan refine oil into Plastic China $2 US cardboard pkg, paint and mold Japan Nylon Hair

6. Figure 1.1 The Changing Face of U.S. Import and Export Industries, 1925–2009 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

7. Table 1.2 Trade/GDP Ratio in 2008 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

8. Figure 1.2 World Trade in Goods, 2006 ($ billions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

9. Source: U.S. Census Bureau: http://www.census.gov/foreign-trade/statistics/country/http://www.census.gov/foreign-trade/statistics/country/

11. Figure 1.4 Average Worldwide Tariffs, 1860–2000 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers T RADE P OLICY

12. Figure 1.3 Trade in Goods and Services Relative to GDP Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

13. Figure 1.4 Average Worldwide Tariffs, 1860–2000 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

14. Figure 1.6 Foreign-Born Migrants, 2005 (millions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers