Offer curves illustrate the quantities of one good that a country is willing and able to trade for another good, at alternative terms of trade.
Immiserizing growth occurs when a nation is a dominant producer of an item in the world economy.
Growth in the nations export sector can drive down the world price of the item. FTZs are areas designated by the federal government into which imports may flow duty free. Duties are collected if and only if, the imported items or goods made from the imported items leave the FTZ and enter the domestic economy.