Download 1 August 25

INTERNATIONAL ECONOMICS
ECON 390
Lotta Moberg
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TEXTBOOKS
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Paul Krugman
Professor of Economics
and International Affairs
at Princeton University
2008 Nobel Price winner
for his work on the
patterns of international
trade and the geographic
concentration of wealth
Columnist in the New
York Times with a NY
Times blog “The
Conscience of a
Liberal”
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TEXTBOOKS
Donald J. Boudreaux
 Professor of Economics
at George Mason
University, chairman of
the department 20012009.
 Published and lectured
widely on topics
including antitrust law
and international trade
 A public critic of Paul
Krugman
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EXPORTS AND IMPORTS AS A PERCENTAGE OF
U.S. NATIONAL INCOME
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Source: U.S. Bureau of Economic Analysis
COUNTRIES AS UNITS OF ANALYSIS
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EXPORTS AND IMPORTS AS PERCENTAGE OF
NATIONAL INCOME IN 2007
Source: Organization for Economic Cooperation and Development
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HAITI
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Population: 9.7 million
Nominal GDP per capita
$759 (U.S.: $51,700)
Severe deforestation
problems
Though more than half
of all Haitians work in
the agricultural sector,
the country relies on
imports for half its food
needs and 80% of its rice
Asset: Cheap labor,
hence its export
components:
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EXPORT COMPONENTS OF
HAITI
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APPAREL MANUFACTURING IN HAITI:
FRUIT OF THE LOOM UNDERWEAR
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