Chapter Organization Introduction The Concept of Comparative Advantage aA One-Factor Economy Trade in a one-Factor World a Comparative Advantage with Many Goods a Adding transport Costs and Nontraded Goods Summary Copyright C 2003 Pearson Education, Inc Slide 1-2Copyright © 2003 Pearson Education, Inc. Slide 1-2 Chapter Organization ▪ Introduction ▪ The Concept of Comparative Advantage ▪ A One-Factor Economy ▪ Trade in a One-Factor World ▪ Comparative Advantage with Many Goods ▪ Adding Transport Costs and Nontraded Goods ▪ Summary