FIGURE 4-1 The Equilibrium-Relative Commodity Price with Trade with Partial Equilibrium Analysis. Salvatore: International Economics, 7th Edition © 2001,

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Presentation transcript:

FIGURE 4-1 The Equilibrium-Relative Commodity Price with Trade with Partial Equilibrium Analysis. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-2 Index of Relative U.S. Export Prices (1995 = 100). Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-3 Derivation of the Offer Curve of Nation 1. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-4 Derivation of the Offer Curve of Nation 2. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-5 Equilibrium-Relative Commodity Price with Trade. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-6 Equilibrium-Relative Commodity Price with Partial Equilibrium Analysis. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-7 Derivation of a Trade Indifference Curve for Nation 1. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-8 Derivation of Nation 1’s Trade Indifference Map. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-9 Formal Derivation of Nation 1’s Offer Curve. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-10 Outline of the Formal Derivation of Nation 2’s Offer Curve. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-11 Meade’s General Equilibrium Trade Model. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.

FIGURE 4-12 Stable and Unstable Equilibria. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.