1.Please explain your opinion, if the Riccardo/Torrens classical THEORY OF COMPARATIVE ADVANTAGE (theory of revealed comparative advantage) provides (or not) a backgroundfor explaining the benefits of international trade in the modern world.

2.What kind of the neoclassical foreign trade theories explain the benefits of international exchange of goods and services until now?

3.Please explain why the intra-industry trade and intra-firm trade theories are so important for the explanation of the development of foreign trade between the developed market economies and developing world.?