What Do Undergrads Need to Know About Trade?

What do undergrads need to know about trade?
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Krugman, Paul R. (1993).What Do Undergrads Need to Know About Trade?
The American Economic Review, Vol. 83, No. 2, Papers and Proceedings of the Hundred and Fifth Annual Meeting of the American Economic Association, (May, 1993), pp. 23-26
Paul Krugman delves into pop internationalists and their misconceptions about international trade and economics. In the article, “What Do Undergrads Need to Know About Trade?” Krugman asserts that the economics course taught at the introduction stage includes misconceptions about international trade. International trade is gaining more prominence among the public and is a vital aspect of the US economy. Thus, according to Krugman (1993) it is necessary to highlight on international trade, as the pop internationalist view creates misconceptions held as the gospel truth
At the undergraduate level, most students who study economics do not continue with the course, but what they learn does not add value as it is based on misconceptions of pop internationalism. At the center of pop internationalism, are the focus on globalization and its impact on America’s trade competitiveness. By focusing on possible loss in th...