472

20.2 International Trade and Its Effects on Jobs, Wages, and Working Conditions

479

20.3 Arguments in Support of Restricting Imports

482

20.4 How Governments Enact Trade Policy: Globally, Regionally, and Nationally

488

20.5 The Tradeoffs of Trade Policy

492

Key Terms

495

Key Concepts and Summary

495

Self-Check Questions

496

Review Questions

497

Critical Thinking Questions

498

Problems

499

Appendix A The Use of Mathematics in Principles of Economics
Appendix B Indifference Curves
Appendix C Present Discounted Value

519

533

501

Answer Key

References

537

567

Index

581

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Preface

Welcome to Principles of Microeconomics 3e(Third Edition), an OpenStax resource. This textbook was written

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