1.The Law of Comparative Advantage - if you had to assign it a level of importance in motivating our study of international finance and international trade, what level do you think it deserves?

A.Extremely important

B.Seems like it works better in theory than in practice given that international trade is not a big deal, things like tariffs on internationally traded goods are inconsequential, and countries rarely squabble over international trade.

C.It's o.k., but it isn't like international trade is growing that much or anything

D.JAT - just another theory