Factors wich influence terms of trade

How do trade barriers affect the average Income level in an economy?

Does intra-industry trade contradict the theory of comparative advantage?

Name several of the international treaties where countries negotiate with each other over trade policy.

Do consumers benefit from intra-industry trade?

Why might intra-industry trade seem surprising from the point of view of comparative advantage?

If opening up to free trade would benefit a nation, then why do nations not just eliminate their trade barriers, and not bother with international trade negotiations?

If trade barriers hurt the average worker in an economy (due to lower wages), why does government create trade barriers?

Are the gains from international trade more likely to be relatively more important to large or small countries?

In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10 tons of rubber or 40 radios. Who has the absolute advantage in the production of rubber or radios? How can you tell? Calculate the opportunity cost of producing 80 additional radios in Japan and in Malaysia. (Your calculation may involve fractions, which is fine,) Which country has a comparative advantage in the production of radios? Calculate the opportunity cost of producing 10 additional tons of rubber in Japan and in Malaysia. Which country has a comparative advantage in producing rubber? In this example, does each country have an absolute advantage and a comparative advantage in the same good? In what product should Japan specialize? In what product should Malaysia specialize?