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31 se Discussion Board - International Trade - 1 What is the principle of absolute advantage? What is the principle of comparative advantage? International trade

31 se Discussion Board - International Trade - 1 What is the principle of absolute advantage? What is the principle of comparative advantage? International trade is based on which principle? If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, would it necessarily follow that the United States should specialize in television production? Why or why not? Make sure to respond to at least two of your

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