Chapter 2 Introduction to International Settlements Objectives: Definition of International Settlements Main causes to International Settlements Effects of International settlements Classifications of International Settlements Business Characteristics of International Settlements Evolution of international settlements
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
This chapter discusses privately owned forests and timber management in a market economy, including : (1) private property rights and tenure (2) landowner objectives (3) landowner characteristics (4) markets (5) government policies impacts