Primary Navigation
Want to create or adapt books like this? Learn more about how Pressbooks supports open publishing practices.
Book Contents Navigation
Introduction
1. Equilibrium in autarky
2. Relative prices in the two-good model
3. Trading equilibrium and theory of the first best
4. Trading equilibrium in the presence of a tariff
5. Alternatives to tariffs for policy goals
6. Recap of alternatives to a tariff for non-economic policy goals
Appendix: The equivalence of a specific tariff and an ad valorem tariff
Definitions
Sources
Assignments
Dedication
This learning object is dedicated to the late Dr. Charles Bram Cadsby, who taught these concepts to me.
Previous/next navigation
Anything but a tariff: Visualizing alternative policies for the small open economy Copyright © 2023 by Barb Bloemhof is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.