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1. 5. Explain how absolute advantage and comparative advantage differ. Give an example in which one person has an absolute advantage in doing something but

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1. 5. Explain how absolute advantage and comparative advantage differ. Give an example in which one person has an absolute advantage in doing something but another person has a comparative advantage. Why do economists tend to oppose policies that restrict trade among nations? . Which goods will a nation typicallyr import? a. those goods in which the nation has an absolute advantage b. those goods in which the nation has a comparative advantage c. those goods in which other nations have an absolute advantage d. those goods in which other nations have a comparative advantage What are the demand schedule and the demand curve, and how are they related? Why does the demand curve siope downward? Popeve's income declines and. as a result. he buys more spinach. ls spinach an interior or a normal good? What happens to Popeve's demand curve for spinach

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