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Focusing on the idea of comparative advantage. Pick a country and identify its key resources and its major exports and imports. Then, determine whether the
Focusing on the idea of comparative advantage. Pick a country and identify its key resources and its major exports and imports. Then, determine whether the country's trade patterns supports those predicted by any other trade models. Then, comment on the extent to which, by pursuing its comparative advantage, it has impacted the economies of other nations (or been impacted by another nation's pursuit of its own comparative advantage). Make sure that you explain your reasoning. .
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