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INTERNATIONAL TRADE - ECON 4431W Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill) 1.Define and write down diagram if needed Quota Rent;

INTERNATIONAL TRADE - ECON 4431W

Textbook: INTERNATIONAL ECONOMICS by Appleyard and Field (9th edition; McGraw Hill)

1.Define and write down diagram if needed

Quota Rent; Import or Export quota

Export subsidy; Subsidy to domestic producers

Dumping

Trade liberalization

Regionalism or Regional Trading Blocs

Free Trade Area; Customs Union; Common Market and others

Trade creation, Trade diversion

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