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International Economics Unit Overview (IB Unit 4)

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	Date/Time	Made By	Edit Note	Type	Scope
	Aug 13 2008, 6:05 AM EDT	welkerjason		edit	207 words added 103 words deleted
Change: 1. Explain the relationship between world prices and American export supply curve, and the relationship between world prices and American import demand curve.2. ExplainUnit international4.2 equilibriumFree pricetrade and quantity using a two-nation market model for import demand andprotectionism: exportPerformance supply.Objectives3. Identify View changes from previous version. (Word count: 760)
	Aug 12 2008, 2:49 PM EDT	welkerjason		edit	32 words added 15 words deleted
Change: and the World Trade OrganizationGlobalization. Trading blocs – free trade areas; areascustoms unions; unionscommon markets.Higher level onlyTrade creation and trade diversion. diversionObstacles to achieving integration.integrationreluctance to surrender political sovereigntyreluctance to surrender economic sovereignty4.54.4 the World Trade OrganizationAimsSuccess View changes from previous version. (Word count: 640)
	Aug 12 2008, 2:45 PM EDT	welkerjason		edit	518 words added 107 words deleted
Change: 1. Explain the relationship between world prices and American export supply curve, and the relationship between world prices and American import demand curve.2. Explain international equilibrium price and quantity using a two-nation market model for import demand and export supply.3. Identify four types of trade barriers.4. View changes from previous version. (Word count: 622)
	May 15 2008, 11:58 PM EDT	welkerjason	Moved from: Course Information	move	No content added or deleted.
Change: Moved by welkerjason May 15 2008, 11:58 PM EDT
	May 15 2008, 11:56 PM EDT	welkerjason		edit	196 words added
Change: Measurement of the Terms of Trade. Short and long run causes of changes in a country’s Terms of Trade. Elasticity of demand for exports and imports. Free Trade and Protectionism Definition of free trade. Arguments for protectionism. Arguments against protectionism.Types of protectionism. Economic integration and the World Trade Organization View changes from previous version. (Word count: 198)
	May 15 2008, 11:47 PM EDT	welkerjason	Rename	rename	No content added or deleted.
Change: Renamed from International Economics Units Outline by welkerjason May 15 2008, 11:47 PM EDT for: Rename
	May 15 2008, 11:44 PM EDT	welkerjason		create	No content added or deleted.
Change: Created by welkerjason May 15 2008, 11:44 PM EDT for: no reason given

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