Presents a simplified method for teaching comparative advantage theory to undergraduate students through the use of algebraic language. (KC)

The telecommunication agreement reached by the World Trade Organization (WTO) in 1997 will accelerate the global trend toward increased market access, competition, and deregulation. Examines opportunities for marketing and operations, dispute resolution and enforcement, profitability, and the exclusion of Russia and China. Includes the WTO…

Identifies Internet sites that can be helpful to the business reference librarian confronted with questions regarding international trade. The sites for the major trade agreements are listed along with a currency exchange calculator that can handle date-specific historical conversions. (AEF)

Describes a series of matrix choice games that illustrate for students the concepts of monopoly, shared monopoly, Cournot, Bertrand, and Stackelberg behavior given either perfect complements or perfect substitutes. Suggests that the use of the games also allows for student dialogue about international trade and price wars. (JEH)

States that often constant returns to scale are also much more and that many important results depend on the very special properties of this class of production function. Offers a unified set of simple proofs, employing only familiar diagrams and high school geometry, for most of the crucial analytical properties of constant returns production.…

Despite recent substantial losses through an investment adviser, mid-size universities are reducing their traditional low-risk investments and engaging in investments that are higher-risk but potentially higher-yielding. For some institutions, this translates into more investment in the domestic stock market and some ventures into foreign markets.…

Offers a clarification of competitiveness within international trade, particularly its impact upon the mix of goods produced in the United States. Dispels some of the myths about competitiveness that emanate from the false correlation between specific businesses and their country-of-origin. Discusses high productivity as both a cause and an effect…

Provides a graphical framework for presenting interactions among current account flows, capital account flows, and exchange rates. Suggests that the two type of flows must be considered separately in discussions of foreign exchange equilibrium and balance of payments flows. Supplies sample graphs and instructions for applying the framework to real…

Concludes that drug enforcement abroad serves a broader agenda of helping achieve political control in developing nations, rather than simply disrupting the drug trade. Suggests that, because other issues take precedence, the United States often aids corrupt governments that allow narcotic exports. Argues the government should admit that…

Discusses the advantages of using the stock market to add new dimensions to social studies classes. Suggests that changes in society will make knowledge of financial markets essential for students. Includes two lesson plans with handouts that use the Disney company and changes in the operation of the stock market to capture student interest. (DK)

Disagrees with the tone and conclusions of the special section on United States-Japan relations in the November-December, 1991 issue. Contends that the national interests of the United States were ignored to avoid "Japan Bashing" over trade and other economic issues. Calls for a more realistic view of Japan's trade policies toward the…

College business officers can save money, adhere better to budgets, and improve relations with international vendors through foreign monetary exchange. By comparing exchange rates and buying foreign currency when rates are good, institutions retain much more control over the transaction rate than if they delegate the task to the bank. (MSE)

The Omnibus Trade and Competitiveness Act of 1988 states that the United States will use the metric system by 1996. This act will affect much of the middle school curriculum. Teachers responsible for teaching units with measurement activities in science, math, and other curricular areas should require students to develop estimating skills while…

Discussed is a study called "Gaining New Ground--Technology Priorities for America's Future" produced by the Council on Competitiveness. Highlights of the report are presented. Potential influence on federal technology policy is assessed. (CW)