International Trade and Globalization

Kelompok 10 :• Julia Nita Maryam ( 8105128039 )• Muhammad Fikri Hakim ( 8105128049)• Ernawati ( 8105128023 )• Mia Hestiana ( 8105102908 )

Pendidikan Ekonomi Koperasi A Non-Reg Fakultas Ekonomi Universitas Negeri Jakarta Pendidikan Ekonomi Koperasi A Non-Reg Fakultas Ekonomi Universitas Negeri Jakarta

A. Definition of International

Trade

international trade is trade carried on by a resident of a country with the population of

other countries on the basis of mutual agreement

factors that encourage international trade:

a. to meet the needs of domestic goods and services

b. desire to benefit and increase state revenuesc. the similarity of a good appetited. desire to open cooperation from other

countriese. the different circumstances

Benefit of International Trade• to obtain goods not produced in their own

country• can gain from specialization• to expand the market and increase profits• transfer of modern technology and increase

productivity

international trade theory

• Absolute Advantage Theory• Comparative Advantage

Theory

Absolute Advantage Theory

According to Adam Smith, the head of each family would be wise not to make their own goods production cost more than if they bought it.

Theories of Adam Smith said that an absolute advantage (absolute) is a country that can produce something absolutely better. countrycomodity

Indonesia Thailand

Kapal Terbang 4 10

Beras Ketan 9 3

Key word here is comparative. meaning relative or not there should be a absolutized. If there is a country that is very prolific producing goods or services, while there are other countries that is not very productive, they are able to take advantage of international trade

Comparative Advantage Theory

country Biaya Produksi Per Satuan ( Hari Kerja )

anggur kain

Portugal 80 90

Inggris 120 100

international trade models

• Ricardian models• Heckscher-Ohlin Model• specific factors• gravity models

international trade policy

export promotion policy import substitution policy subsidy industrial protection policies

- tariff-quota- anti-dumping policies

Definition of Globalization

Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture

Characteristics of globalization

• konstantin change in space and time • market and economic production in different

countries become interdependent • increase cultural interaction through the

development of mass media • increasing problems with

goodness of globalization

• global production can be increased• increasing prosperity of the people in the

country• expand the market for domestic products• can obtain more capital and better

technology• provide additional funding for

economic development

Badness of globalization

• inhibit the growth of industrial sector

• worsen the balance of payments• increasingly unstable financial

sector• worsen the long-term

economic growth prospects

Resourch

• http://www.guesspapers.net/1593/advantages-and-disadvantages-of-international-trade/

• http://www.economicshelp.org/blog/81/trade/costs-and-benefits-of-globalisation/

• http://en.wikipedia.org/

Thanks for your attention

Dea : barang black market dikenakan pajak atau tidak ?

Anggi : mengapa indonesia masih mengekspor brg mentah seperti karet?

haikal : jika suatu negara msh bisa memenuhi kbutuhan sendiri apakah masih perlu mlakukan prdagangan internasional ?

Syifa : bagaimana tanggapan kalian tntg negara indonesia mengenai Asean Economic Comunity?

Panca : faktor yang menyebabkan proteksi